Demand and Fares on the Rise

Dec 15 2011 Demand and Fares on the Rise BY sgf-admin TAGS Fares


wingsdollars"The nation's airline industry continues to rebound from the Great Recession with federal reports showing airline traffic and airfares on the rise. The average domestic airfare in the U.S. rose to $370 in April, May and June, up 8.5% from the same period in 2010, according to a report Tuesday by the U.S. Bureau of Transportation Statistics. The $370 fare--not adjusted for inflation--is also 6.5% above the previous second-quarter high of $347 in 2008, according to the bureau."

Read the rest of the story from the Los Angeles Times.


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