US Domestic air travel, like many other areas of the world, sees a continuing growth in demand. Ever wondered why? It's partly because it's getting less expensive according to the Air Transport Association.
In 1978, the cost of U.S. airline travel was 8.49 cents per mile, by 2006, without adjusting for inflation, domestic U.S. airline travel costs had risen to 13 cents a mile, 1.5 times the 1978 rate.
By comparison, the Consumer Price Index rose 3.1 times in the same period. The price of a gallon of unleaded fuel increased by 3.9 times from 1978 to 2006; and the cost of a first-class US stamp increased 2.6 times.
It all adds up to the fact that fares have fallen by around half in real terms
Showing posts with label Fares. Show all posts
Showing posts with label Fares. Show all posts
Sunday, January 13, 2008
Saturday, August 18, 2007
Not Everything is Going Up


In 1952 PanAm introduced a tourist class fare of £173 return between London and New York - today that equates to over £3,000. Even then passengers had to pay for their lunch or dinner, which cost three times what it would have in a restaurant on the ground – and we thought today’s no frills airlines had introduced something new.
The picture (above right) comes from everythingpanam.com a really interesting virtual museum on the airline.
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