Air Fares May Be Recovering | Aero-News Network
Aero-News Network
RSS icon RSS feed
podcast icon MP3 podcast
Subscribe Aero-News e-mail Newsletter Subscribe

Airborne Unlimited -- Recent Daily Episodes

Episode Date

Monday

Tuesday

Wednesday

Thursday

Friday

Airborne On ANN

Airborne 07.18.16

Airborne 07.19.16

Airborne 07.20.16

Airborne 07.21.16

Airborne 07.22.16

Airborne Hi-Def On YouTube

Airborne 07.18.16

Airborne 07.19.16

Airborne 07.20.16

Airborne 07.21.16

Airborne 07.22.16

Tweet Us The Coolest Things You See @OSH16!
#OSH16Coolest!

It's Alive!: AirVenture 2016 Innovation Preview on Vimeo!

It's Alive!: AirVenture 2016 Innovation Preview on YouTube!

 

Thu, Jun 19, 2003

Air Fares May Be Recovering

International Uptick Encouraging to Industry

Although domestic airfares declined, both from April and as compared to the prior May, international-flight airfares nudged upward in May, according to the Air Transport Association.

Domestic fares were down 4.3% since last year's May numbers, continuing an umbroken trend in 2003. International fares, though, after seeing declines in March and April, again started to rise, versus same-month 2002 numbers, rising 3.8%.

Is that good, or bad?

Whether these numbers translate into profits remains to be seen, however. Fuel, labor, and "security" costs figure heavily into the mix. Those, balanced against load factors (for both seats and cargo), will tell more of the story.

What about consumers?

Fares aren't the only costs to consumers, though. The ATA notes, "Depending on your itinerary, a substantial amount -- up to 50 percent -- of your ticket price includes taxes levied by local, federal, or foreign governments. The stated purposes of the taxes vary widely, including maintenance and enhancement of the nation's airports and airways and funding for various federal agencies (e.g., APHIS, Customs, INS, TSA)."

FMI: www.airlines.org

Advertisement

More News

Airborne 07.22.16: ONE Aviation New Jet, Drone Pilot Nabbed, Stemme Twin Voyager

Also: AEA Giveaway, 44 Trips To OSH, Airbus Drones, Future Pilots, NTSB Training, Air BP, Boeing Forecast, ALPA Milestone ONE Aviation has provided ANN with the initial outline for>[...]

It's ALIVE! 2016 AirVenture Innovation Preview Program Debuting RIGHT NOW!

Get The EARLY Inside Details On THE Most Exciting NEW Innovations And Product Announcements From OSHKOSH... The staff of EAA and the Aero-News Network are pleased to announce that >[...]

EAA Raises The Bar -- Accessible Safety STC Adds More Aircraft, More Devices

STC Can Be Ordered Online Starting Right Now We knew it was coming and we're glad to see it coming along so well and siwiftly... EAA has announced several much anticipated updates >[...]

Airborne 07.21.16: KC46 Update, Fly A P40 at AirVenture?, Runway Conditions

Also: ANN 2016 Oshkosh Schedule, Airplane Efficiency, Federal Excise Tax, A320neo, Jet Demos, 100+ Exoplanets, CFM's $8.2B Deal The KC-46 Pegasus aerial tanker program moved closer>[...]

Teens With Drone Help Solve Boat Theft

Followed The Suspects As Far As They Could And Alerted Police Two teenagers with a camera-equipped UAV helped police catch some suspected boat thieves this week on Camano Island in>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2016 Web Development & Design by Pauli Systems, LC