Record Low Fares Nationwide

Jul 31 2009 Record Low Fares Nationwide BY admin TAGS Fares

 

"Airline prices are falling at an unprecedented rate even though carriers have slashed capacity, new data show."

 

That's the lede in a story from the Chicago Tribune. The story continues, "The average cost of a plane ticket within the U.S. plunged 9.1 percent to $315 during the first three months of 2009, the largest quarter-to-quarter drop ever recorded by the Bureau of Transportation Statistics."

 

The word on low fares in finally getting a lot of media attention. It's probably one of the reasons why our June passenger numbers were so high. Interestingly, though, I've had a few people come up and tell that the low fare phenomena is isolated to Southwest Missouri and that the Branson airport deserves all the credit.

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