Wednesday, July 23, 2008

U.S Domestic Airfares Up 4.4% Over Previous Year

The Bureau of Transportation Statistics released findings today that show an overall 4.4% increase in the average price of an airline ticket during the 1st quarter of 2008, compared to the same time period in 2007. In the Bay Area, San Francisco actually saw a 6.7% decline in fares, while Sacramento's increased by 6.2%.

Q1 2007 to Q1 2008 average fare by market
$317.88 to $331.72 (U.S Domestic Average Fare)
$240.23 to $244.46 (Oakland)
$263.07 to $279.36 (Sacramento)
$421.90 to $395.54 (San Francisco)
$261.02 to $268.03 (San Jose)