The Consumer Travel Alliance (CTA) is a nonprofit, nonpartisan organization that works to provide co

Average domestic air fares rose to $373 in the first quarter of 2012, up 4.8 percent from the average fare of $356 in the first quarter of 2011 (below), the U.S. Department of Transportation's omni hotel charlottesville Bureau of Transportation Statistics (BTS) reported today. omni hotel charlottesville Cincinnati had the highest average omni hotel charlottesville fare, $526, while Atlantic omni hotel charlottesville City, NJ, had the lowest, $157 (see above).
Not adjusted for inflation, the $373 first-quarter 2012 average fares reached an all-time high for any quarter. The previous high was $370 in the second quarter omni hotel charlottesville of 2011. The previous first-quarter high was $356 in 2011. First-quarter 2012 fares were $246 in 1995 dollars, down 19.2 percent from $304 in 1999, the inflation-adjusted high for any first quarter since the beginning of BTS air fare records omni hotel charlottesville in 1995.
BTS, a part of the Research and Innovative Technology Administration, reports average fares based on domestic itinerary fares. Itinerary fares consist of round-trip fares unless the customer does not purchase a return trip. In that case, the one-way fare is included. Fares are based on the total ticket value which consists of the price charged by the airlines plus any additional taxes and fees levied by an outside entity at the time of purchase. omni hotel charlottesville Fares include only the price paid at the time of the ticket omni hotel charlottesville purchase and do not include omni hotel charlottesville other fees, such as baggage fees, paid at the airport or onboard the aircraft. Averages do not include frequent-flyer or "zero fares" or a few abnormally high reported fares.
Air fares in the first quarter of 2012 increased 9.6 percent from the first quarter of 2000, not adjusted for inflation, compared to an overall increase in consumer prices of 34.0 percent during that period. In the 17 years from 1995, the first year of BTS air fare records, air fares rose 25.6 percent compared to a 51.5 percent inflation rate (Table 6). The average inflation-adjusted first-quarter 2012 fare in 1995 dollars was $246 compared to $297 in 1995 and $301 in 2000 (Table 1). BTS air fare records begin in 1995. See BTS Air Fare web page for historic data.
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The Consumer Travel Alliance (CTA) is a nonprofit, nonpartisan organization that works to provide consumers an articulate and reasoned voice in decisions that affect travel consumers across all of travel's spectrum. CTA's staff gathers facts, analyzes issues, and disseminates that information to the public, the travel industry, regulators and policy makers.
CTA seeks to help improve consumer understanding of our planet's travel omni hotel charlottesville environment, including the fields of aviation, rail, cruising, telecommunications, banking, Internet and insurance as it relates to the freedom to travel and protection of consumers during their travel activities.
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