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Why Are Flight Prices So High Right Now? ... At $6.59 per gallon, it is down by $1.38 from June of last year, according to statistics from Argus International published in Aviation Week. If the ...
Airline ticket prices have now settled around an average of $270, ... So while I think that airfare this summer is going to be about the same as last year, there are still deals out there.” ...
Travel experts expect flight prices to drop as the summer months wane, with some predicting domestic round-trip ticket prices could drop below $300 on average this fall.
What's going on with airline prices? Well, just about everything, according to Cowen Senior Research Analyst Helane Becker. Airlines: 'Costs are going up and fares are going up,' analyst says [Video]
Still, fares have come down. Airline revenue per passenger mile has declined from an inflation-adjusted 33.3 cents in 1974, to 13 cents in the first half of 2010. In 1974 the cheapest round-trip New York-Los Angeles flight (in inflation-adjusted dollars) that regulators would allow: $1,442. Today one can fly that same route for $268.
Among the big three airlines — Delta, American Airlines, and United Airlines —ticket prices have surged 49.4% on average on year over year basis for the week-end May 23, according to data ...