With all the changes in air travel over the past 25 years—shrinking coach-seat space, mergers, elite perks, fees upon fees—is anything left unchanged?In the first quarter of 1996, the average domestic airline ticket cost $284, according to the Transportation Department’s Bureau of Transportation Statistics. Twenty-five years later—the first quarter of this year—the average domestic ticket cost? $260.
Adjusted for inflation, air travel in the U.S. has gotten much cheaper. That 1996 ticket in today’s dollars would be $482, BTS says, or 85% more than the recent pandemic-depressed average price. Yes, prices jumped sharply in June, when travel was hot again compared with June 2020. And that was a in the rise of the Consumer Price Index, adding fuel to inflation worries. July numbers will be out this week. Economists will be watching airfare closely.
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Well, the US has like 4 major airlines. Maybe if you dust of those anti-trust laws for once
Incorrect: tickets used to include seat selection and baggage…
good luck
Good, minimum wage hasn’t either since then
Bull shit!! Totally not true. Maybe on discount carriers!!
In 1993 an IBM mobile phone was $899. I just bought an iPhone 11 for $399. Phone prices have reduced 50% in just 28 years!
Ok, what about other revenue streams (E.g. fees), increased capacity (E.g.avg seats/flight), and efficiencies (E.g. new technology, headcount reductions) impacting the cost-side?
WSJ doing public relations for the airlines that have made it more uncomfortable to fly for passengers👍
Deregulation proved that travelers shop by fare and don’t pay for food or service.
Now do bag fees, meal fees, seat assignment fees…
What’s true?
Now do the average without southwest, spirit and JetBlue prices.
The price this year is adjusted because of no traveling with the coronavirus. The price has gone way up
With how many more people packed inside the aluminum can?
Yeah but…
Was the world at large a raging tire fire in 1996, (death of Tupac not withstanding)?
True!
how much is a one bed house sold for
love you
Aircrafts reflect age too!
nice