2 ms·

Airfares are most definitely higher than they were in the mid 2000's. The global recession saw a big cut back in capacity and that capacity hasn't been added ba

• dageshi 12y ago
  How much of that is down to taxes and fuel prices? Oil has dropped recently but for most of the past 5-6 years it's been much much higher than it was back then.
• thedufer 12y ago
  > Airfares are most definitely higher than they were in the mid 2000's We've established that. The data shows that flights this year were about 13% higher than at the lowest point, which was 2009 (recession). They are a little under 5% higher than the lowest point during the "mid 2000's". These numbers (~.25% increase per year over 10 years) are fairly insignificant when you look at the broader trends (>1% decrease per year over 3-4 decades).
  • saryant 12y ago
    Yes, I was referring to airfares over the past few decades, not the recent past.
  • saryant 12y ago
    Yes, I was referring to airfares over the past few decades, not the recent past.