Start of BTS records in 1Q 1995: Down 12.2% ($297) (compared to 69.5% consumer price index increase) Recent low: Down 6.3% from 3Q 2020 ($245).Īll-time low: Down 6.3% from the previous low 3Q 2020 ($245).Īll-time fourth-quarter low: Down 27.7% from the previous low 4Q 2019 ($361).Ĭompared to all fourth quarters: Down 34.0% from the highest 4Q fare, $395 in 2014Ĭompared to all quarters: Down 35.2% from the highest fare for any quarter, $402 in 2Q 2014 Itinerary Fares: Round-trips, but includes one-way tickets if no return is purchased.īreakout of trip types: one-way, 41% ($201) round-trip, 59% ($309).Ĭompared to all fourth quarters: Down 48.7% from the highest 4Q fare, $509 in 2000.Ĭompared to all quarters: Down 50.3% from the highest fare for any quarter, $525 in 1Q 1999. The number of passengers increased from 27 million originating passengers in the third quarter of 2020 quarter to 31 million passengers in the fourth quarter compared to 86 million passengers in the fourth quarter of 2019.Īdjusted for inflation (constant 2020 dollars) the average 4Q 2020 air fare was: domestic air fare in the fourth quarter of 2020 was $261, increasing 6.3% from an inflation-adjusted third quarter 2020 fare of $245. The median fare for the year was $235.01. For results based on all itinerary fares for 2020, the standard error is 0.18. Results for average fares are based on the BTS Origin & Destination Survey, a 10% sample of airline tickets used during the quarter. passenger airlines collected 65.1% of total operating revenue of $38.6 billion from passenger fares during the first nine months of 2020, down from 88.5% in 1990. Other Revenue: In recent years, airlines have increasingly obtained additional revenue from passenger fees, as well as from other sources. Not included: Fees for optional services, such as baggage fees. Included: Additional taxes and fees levied by an outside entity at time of ticket purchase. Total ticket value: The price charged by airlines at time of ticket purchase. Itinerary Fares : Round-trips, but includes one-ways if no return is purchased.īreakout of trip types: one-way, 42% ($222) round-trip: 58%, ($358).īased on a random sample of 10% of the tickets.
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