Record Low Fares Nationwide

Jul 31 2009 Record Low Fares Nationwide BY sgf-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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