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

AMA Drone Report

Airborne-Monday

Airborne-Tuesday

Airborne-Wednesday

Airborne-Thursday

Airborne-Friday

Airborne-Unmanned w/AUVSI

Airborne On ANN

AMA 08.17.17

Airborne 08.14.17

Airborne 08.15.17

Airborne 08.16.17

Airborne 08.17.17

Airborne 08.18.17

Airborne-Unmanned 08.15.17

Airborne-YouTube

AMA 08.17.17

Airborne 08.14.17

Airborne 08.15.17

Airborne 08.16.17

Airborne 08.17.17

Airborne 08.18.17

Airborne-Unmanned 08.15.17

NEW!!! 2017 AirVenture Innovation Preview -- YouTube Presentation / Vimeo Presentation

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

ONE Aviation 'Canada' Program Unveils First Developmental Airframe

One Of A Series Of Sequential Prototypes Will Help Develop The Forthcoming EA-700 The ONE Aviation 'Canada' program, which ANN exclusively detailed last year for the first time, is>[...]

Garmin Receives EASA Approval For New GTN 650/750 Features

Tailored Specifically For European Operators Garmin is pleased to announce an expanded feature set, an enhanced user interface and additional wireless connectivity solutions for it>[...]

Airborne-Unmanned 08.15.17: Reno Drone Races, DoD CrackDown, Blue Angels v UAV?

Also: Kansas DOT-AirMap, CIRRUAS Drone Program, Daytona Beach PD UAS, Virginia UAS SAR The Reno Air Racing Association has signed an agreement with the MultiGP Drone Racing League >[...]

RFP: ANN Seeking New Site/Facility For Major Studio Upgrade

It's Official: Aggressive Upgrades For New Airborne Programs WILL Require New Digs It's been in development for years, but we're getting to a point where we think we can pull off s>[...]

Airborne 08.17.17: GA Sales Report, Google Lunar XPRIZE, ATC Privatization

Also: Gustave Whitehead, AirVenture Innovation Preview, Learjet 75, HondaJet, ALEA, Honeywell, F-5N GAMA has published second quarter GA airplane shipment and billings data. The ge>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2017 Web Development & Design by Pauli Systems, LC