3 ms·
Airfare in the US costs less today than it did in the 90s, adjusted for inflation: https://www.bts.gov/newsroom/2024-annual-average-domestic-air-fare-decreases-
by burlesona 1y ago
Airfare in the US costs less today than it did in the 90s, adjusted for inflation: https://www.bts.gov/newsroom/2024-annual-average-domestic-air-fare-decreases-2023 https://www.bts.gov/newsroom/2024-annual-average-domestic-ai...
- geodel 1y agoIts not even the same product. When one consider the crowd level at airports, the lines at security, the size of airline seats, or size of food tray which matters specially on international routes. Though I blame no one, if people want comfort they can pay more or travel less (if possible)
- pseudo0 1y ago> Not included: Fees for optional services, such as baggage fees. This entire article is about how airlines are unbundling their offerings and doing market segmentation through "optional" add-ons...
- dkjaudyeqooe 1y agoAverage airfare isn't a useful stat in this respect. What would be useful is comparing fares for individual routes over the years, which would tell a different story. Average fares are skewed by low cost carriers entering the market.
- tonyedgecombe 1y ago>Airlines are an abusive oligopoly there >Average fares are skewed by low cost carriers entering the market.
- dkjaudyeqooe 1y agoThe large carriers, created through mergers that should never have been allowed, have the most popular routes locked up through ownership of landing/takeoff slots and similar. On those routes, fares have substantially increased due to a lack of competition. The low cost carriers business model is to fly new routes (to secondary airports if required) at low prices, often creating new demand (Breeze is a classic example of this). The math is very straight forward if you consider what each group is doing in the market.