 |
2nd-Quarter 2009 Air Fare Data: Average Domestic Fares Drop 13% from 2nd Quarter 2008 Top 100 Airports: Highest Fare in Huntsville (Revised), Lowest Fare at Atlantic City
PDF
|
| Contact |
BTS 50-09
Dave Smallen
202-366-5568 |
|
Wednesday, October 28, 2009 - Average
domestic air fares in the second quarter
of 2009 fell to their lowest April-to-June level since 1998, dropping 13.0
percent from the second quarter of 2008 in the largest year-to-year decline on
record (Tables 1, 2), the U.S. Department of Transportation's Bureau of
Transportation Statistics (BTS) reported today.
BTS, a part of the Research and
Innovative Technology Administration, reports average fares based on domestic
itinerary fares, round-trip or one-way for which no return is purchased. Fares
are based on the total ticket value which consists of the price charged by the
airlines plus any additional taxes and fees levied by an outside entity at the
time of purchase. Fares include only the price paid at the time of the ticket
purchase and do not include other fees, such as baggage fees, paid at the
airport or onboard the aircraft. Averages do not include frequent-flyer or
"zero fares" or a few abnormally high reported fares.
The 13.0
percent year-to-year drop exceeded the previous largest decline of 11.8 percent
from the fourth quarter of 2000 to the fourth quarter of 2001, which took place
following the 9/11 attacks. The $301 average second-quarter fares were almost
equal to the second quarter 1998 average fare. BTS air fare records reach back to 1995. See BTS Air Fare web page for historic data.
Second quarter average fares were down
3.8 percent from the first quarter of 2009, the largest first quarter to second quarter decline since 2001. Quarter-to-quarter changes may be affected by
seasonal factors (Table 2).
While air fares in the second quarter
of 2009 fell to the same level as in the second quarter of 1998, overall prices
measured by the inflation rate rose 32.3 percent during that period. In the 14
years from 1995, the first year of BTS records, air fares rose 1.5 percent
compared to a 41.4 percent inflation rate. From 2001, fares declined 8.3 percent compared to a 21.2 percent
inflation rate increase (Table 6).
Average fares in this release may not be comparable to BTS
fare press releases before the second quarter of 2007 which did not exclude
frequent flyer fares or abnormally high fares. Bulk fares continue to be excluded as in earlier releases.
Spirit Airlines data for the six quarters from the fourth quarter of 2007 to the first quarter of 2009, which had been withheld from previous releases pending revision, have been updated and are included in this release. The addition of Spirit’s data resulted in changes to the list of top 100 airports based on 2008 originating passengers. Atlantic City, NJ, which was not included because Spirit operates more than 90 percent of the flights there, is now added to the Top 100 listings. It replaces Lubbock, TX. The changes in the top 100 list were described mistakenly in the first version of this release. Table 3 and Table 4 have been revised to correct the error in the first version. Data for Lubbock is available on the BTS Air Fare web page. Atlantic City average fares in the July 23, 2008 press release were based on incorrect data.
Beginning with the first quarter 2008 release,
BTS does not include Alaska, Hawaii and Puerto
Rico airports in rankings. Average fares for those
airports are available on the BTS Air Fare web page: http://www.bts.gov/xml/atpi/src/index.xml
Of the top 100 airports based on 2008 originating passengers, the highest second -quarter average fares (revised on Oct. 28 at 4:30 p.m.) were in Huntsville, AL, followed by Grand Rapids, MI; Savannah, GA; Washington Dulles; and Houston Bush. The lowest fares in the top 100 airports were at Atlantic City, NJ, followed by Long Beach, CA; Dallas Love; Orlando, FL; and Fort Lauderdale, FL (Table 3). See the BTS Air Fare web page for average fares for the top 100 airports.
There were two year-to-year average fare increases (revised on Oct. 28 at 4:30 p.m.) for the second quarter among the 100 largest airports ranked by originating passengers with the largest, 2.5 percent, in Savannah; followed by Dallas Love. Reno, NV, was unchanged. Islip, NY, and Atlantic City, NJ, had the smallest decreases (Table 4).
The biggest year-to-year average decrease was 38.7 percent in Cincinnati, followed by Madison, WI; Minneapolis/St. Paul; Charlotte, NC and Harrisburg, PA (revised on Oct. 28 at 4:30 p.m.) (Table 4).
The largest average fare increase from the second quarter of 1995 to the second quarter of 2009 was at Dallas Love followed by Houston Hobby; El Paso, TX; Reno, NV; and Las Vegas (revised on Oct. 28 at 4:30 p.m.) (Table 5).
The
largest average fare decrease from the second quarter of 1995 to the second quarter
of 2009 was at White
Plains, NY. The
other top average fare decreases over this period took place at Manchester, NH;
Buffalo/Niagara, NY; Rochester, NY; and Akron/Canton, OH (Table 5).
The Air Travel Price Index (ATPI)
A
separate measure of fares, the BTS Air Travel Price Index (ATPI) dropped 3.0
percent in the second quarter of 2009 from its first quarter level (Table
2). See http://www.bts.gov/xml/atpi/src/datadisp.xml?t=1 for historic data.
The
ATPI was down 10.9 percent from the second quarter of 2008 to the second quarter of 2009 (Table 8).
The ATPI is up 0.7 percent from its pre-9/11 second -quarter
high set in 2001 and up 6.3 percent from its post-9/11 second-quarter low set
in 2003 (Table 7).
ATPI is a statistical index that
documents quarterly changes in airline prices since the first quarter of 1995.
The index measures changes in airline ticket prices used on identical routings
and identical classes of service on a quarter-by-quarter basis. The index
can be used to compare air fares in the most recent available quarter to any
quarter since the first quarter of 1995, which is the base quarter (1Q
1995=100).
While the
ATPI measures changes in fares, average fares measure the actual amount paid by
passengers, including taxes and fees. Average fares take account of both the level of fares and the number of
passengers purchasing fares at different levels.
The varying results reflect trends
in the airline industry that have resulted in more passengers having access to
lower air fares regardless of fare levels. Three of these trends follow.
First, low-cost carriers, which
generally offer lower fares, now carry about 40 percent of all domestic
enplaned passengers, up from about 14 percent in 1995. Second, network carriers have been forced to
match some of the low-cost carrier relaxed fare rules, such as eliminating the
"Saturday Night Stay Rule", which has allowed more passengers to purchase lower
fares. Third, use of the internet allows
almost instant price comparisons that give the customer the opportunity for
unprecedented low-fare shopping.
Excluding Alaska,
Hawaii, and Puerto
Rico, the largest year-to-year fare index increase for the second quarter
among the 85 largest airline markets, ranked by passengers, was 39.8 percent in
Islip, NY,
followed by Reno, NV;
Oakland, CA;
Sacramento, CA;
and Ft. Lauderdale, FL
(Table 9).
The largest year-to-year ATPI decrease
was 27.7 percent in Cincinnati, followed
by Minneapolis/St. Paul; Charlotte, NC;
Des Moines, IA;
and Richmond, VA
(Table 9).
The largest fare index increase
from the second quarter of 1995 to the second quarter of 2009 was in Long
Beach, CA. The other top ATPI increases over this period
took place at; Burbank, CA; Islip, NY; Ft Myers, FL; and Las Vegas (Table 10).
The largest ATPI decreases for the
15-year 1995-to-2009 period was in Denver, followed by Richmond, VA; Minneapolis/St. Paul; Des Moines, IA; and
Milwaukee (Table 10).
Alaska,
Hawaii and Puerto Rico
airports have been excluded from Tables 9 and 10 of this release. Those airports are included in the total ATPI
and data for them can be found on the ATPI rankings on the BTS Air Fare web page.
Additional information about average
fares, including fares for the top 100 airports based on U.S. originating domestic passengers, can be found on the BTS website at http://www.bts.gov/xml/atpi/src/index.xml. Additional information can also be found on
that page about the ATPI, including indexes for foreign-origin itineraries and the
top 85 air travel markets based on originating passengers. Third-quarter average fare data and the ATPI
will be released on Jan. 27, 2010.
Table 1: 2nd Quarter Average Fares 1995-2009 Compared to
Inflation Rate
Fares based on
domestic itinerary fares, round-trip or one-way for which no return is
purchased. Fares are based on the total ticket value which consists of the
price charged by the airlines plus any additional taxes and fees levied by an
outside entity at the time of purchase. Fares include only the price
paid at the time of the ticket purchase and do not include other fees, such as
baggage fees, paid at the airport or onboard the aircraft. Averages do not include frequent-flyer or
"zero fares" or a few abnormally high reported fares.
Averages do not include
frequent flyer fares.
Excel | CSV
| 1995 |
297 |
|
|
|
|
| 1996 |
276 |
-7.1 |
2.8 |
-7.1 |
2.8 |
| 1997 |
289 |
5.0 |
2.3 |
-2.5 |
5.1 |
| 1998 |
301 |
4.0 |
1.7 |
1.4 |
6.9 |
| 1999 |
329 |
9.4 |
2.0 |
11.0 |
9.0 |
| 2000 |
339 |
3.0 |
3.7 |
14.3 |
13.0 |
| 2001 |
329 |
-3.1 |
3.2 |
10.7 |
16.7 |
| 2002 |
318 |
-3.3 |
1.1 |
7.1 |
18.0 |
| 2003 |
315 |
-1.1 |
2.1 |
6.0 |
20.5 |
| 2004 |
309 |
-1.6 |
3.3 |
4.2 |
24.4 |
| 2005 |
307 |
-0.9 |
2.5 |
3.3 |
27.5 |
| 2006 |
342 |
11.4 |
4.3 |
15.1 |
33.0 |
| 2007 |
325 |
-4.7 |
2.7 |
9.6 |
36.6 |
| 2008** |
346 |
6.4 |
5.0 |
16.6 |
43.5 |
| 2009 |
301 |
-13.0 |
-1.4 |
1.5 |
41.4 |
Source: Bureau of
Transportation Statistics
* Rate calculated using Bureau
of Labor Statistics Consumer Price Index.
** Revised
Note: Percent change based on
unrounded numbers
Table 2: Quarterly Change in Average
Domestic Airline Fares and Air Travel Price Index
Percent
Change by Quarter
Fares based on domestic itinerary fares, round-trip or one-way for which no return is purchased. Fares are based on the total ticket value which consists of the price charged by the airlines plus any additional taxes and fees levied by an outside entity at the time of purchase. Fares include only the price paid at the time of the ticket purchase and do not include other fees, such as baggage fees, paid at the airport or onboard the aircraft. Averages do not include frequent-flyer or “zero fares” or a few abnormally high reported fares.
Excel | CSV
| 3Q 2007 |
328 |
0.7 |
118.8 |
0.8 |
| 4Q 2007 |
330 |
0.7 |
118.7 |
-0.1 |
| 1Q 2008 |
333 |
1.1 |
121.4 |
2.3 |
| 2Q 2008 |
346 |
3.8 |
126.3 |
4.1 |
| 3Q 2008 |
358 |
3.4 |
130.6 |
3.4 |
| 4Q 2008 |
345 |
-3.7 |
126.8 |
-2.9 |
| 1Q 2009 |
313 |
-9.1 |
116.0 |
-8.5 |
| 2Q 2009 |
301 |
-3.8 |
112.5 |
-3.0 |
Source: Bureau of
Transportation Statistics
* Average fares from 4Q 2007
to 1Q 2009 revised from July 29, 2009 release.
Note: Percent change based on
unrounded numbers
Note: Quarter-to-quarter
changes may be affected by seasonal factors.
Table 3: Highest and Lowest U.S. Domestic Average Itinerary Fares 2nd Quarter 2009
Top 100 Airports*
Based on 2008 U.S. Originating Domestic Passengers
Fares
based on domestic itinerary fares, round-trip or one-way for which no return is
purchased. Fares are based on the total ticket value which consists of the
price charged by the airlines plus any additional taxes and fees levied by an
outside entity at the time of purchase. Fares include only the price
paid at the time of the ticket purchase and do not include other fees, such as
baggage fees, paid at the airport or onboard the aircraft. Averages do not include
frequent-flyer or "zero fares" or a few abnormally high reported fares.
Excel | CSV
| |
Highest Average
Fares |
|
| 1 |
Huntsville, AL |
471 |
| 2 |
Grand Rapids,
MI |
403 |
| 3 |
Savannah, GA |
402 |
| 4 |
Washington
Dulles, VA |
383 |
| 5 |
Houston Bush,
TX |
379 |
| |
Average Fare at
All Airports |
301 |
| |
Lowest Average Fares |
|
| 1 |
Atlantic City,
NJ |
185 |
| 2 |
Long Beach, CA |
216 |
| 3 |
Dallas Love, TX |
223 |
| 4 |
Orlando, FL |
228 |
| 5 |
Ft. Lauderdale, FL |
229 |
Source: Bureau of
Transportation Statistics
* Not including Alaska, Hawaii or Puerto Rico
** Revised at 4:30 p.m. Oct. 28, 2009
Note: Percent change based on
unrounded numbers
Table 4: Top 5 Increases/Smallest
Decreases and Top 5 Decreases in U.S. Domestic Average Itinerary Fare, 2008 – 2009
Top 100 Airports* Based on 2008
U.S. Originating Domestic Passengers
Fares based on domestic itinerary fares, round-trip
or one-way for which no return is purchased. Fares are based on the total
ticket value which consists of the price charged by the airlines plus any
additional taxes and fees levied by an outside entity at the time of purchase. Fares
include only the price paid at the time of the ticket purchase and do not
include other fees, such as baggage fees, paid at the airport or onboard the
aircraft. Averages do not
include frequent-flyer or "zero fares" or a few abnormally high reported fares.
Excel | CSV
| |
Largest Increases/Smallest Decreases |
|
|
|
| 1 |
Savannah, GA |
392 |
402 |
2.5 |
| 2 |
Dallas Love,
TX |
219 |
223 |
1.8 |
| 3 |
Reno, NV |
284 |
284 |
0 |
| 4 |
Islip, NY |
255 |
254 |
-0.5 |
| 5 |
Atlantic City,
NJ |
187 |
185 |
-0.8 |
| |
Average Fare
at All Airports |
348 |
301 |
-13.4 |
| |
Largest Decreases |
|
|
|
| 1 |
Cincinnati, OH |
593 |
364 |
-38.7 |
| 2 |
Madison, WI |
469 |
349 |
-25.7 |
| 3 |
Minneapolis/St.
Paul, MN |
424 |
319 |
-24.8 |
| 4 |
Charlotte, NC |
408 |
313 |
-23.4 |
| 5 |
Harrisburg, PA |
450 |
347 |
-22.9 |
Source: Bureau of Transportation Statistics
* Not including Alaska, Hawaii or Puerto Rico
** Revised at 4:30 p.m. Oct. 28, 2009
Note: Percent change based on unrounded numbers
Table 5: Top 5 U.S. Domestic Average Itinerary Fare Increases
and Decreases, 1995-2009
Top 100 Airports* Based on 2008
U.S. Originating Domestic Passengers
Fares based on domestic itinerary fares,
round-trip or one-way for which no return is purchased. Fares are based on the
total ticket value which consists of the price charged by the airlines plus any
additional taxes and fees levied by an outside entity at the time of purchase. Fares
include only the price paid at the time of the ticket purchase and do not
include other fees, such as baggage fees, paid at the airport or onboard the
aircraft. Averages do not
include frequent-flyer or "zero fares" or a few abnormally high reported fares.
Excel | CSV
| |
Largest
Increases |
|
|
|
| 1 |
Dallas Love, TX |
74 |
223 |
199.3 |
| 2 |
Houston Hobby,
TX |
135 |
253 |
87.9 |
| 3 |
El Paso, TX |
161 |
299 |
85.9 |
| 4 |
Reno, NV |
163 |
284 |
74.2 |
| 5 |
Las Vegas, NV |
141 |
233 |
65.3 |
| |
Average Fare at
All Airports |
297 |
301 |
1.5 |
| |
Largest Decreases |
|
|
|
| 1 |
White Plains, NY |
472 |
275 |
-41.8 |
| 2 |
Manchester, NH |
444 |
284 |
-36 |
| 3 |
Buffalo/Niagara,
NY |
356 |
240 |
-32.6 |
| 4 |
Rochester, NY |
408 |
278 |
-31.9 |
| 5 |
Akron/Canton, OH |
376 |
258 |
-31.6 |
Source: Bureau of Transportation Statistics
* Not including Alaska, Hawaii or Puerto Rico
** Revised at 4:30 p.m. Oct. 28, 2009
Note: Percent change based on unrounded numbers
Table 6: Percent Changes to 2009 in Domestic Average
Itinerary Fares and the Inflation Rate* by Year Since 1995
(2nd Quarter to 2nd
Quarter for fares; June to June for inflation)
Fares
based on domestic itinerary fares, round-trip or one-way for which no return is
purchased. Fares are based on the total ticket value which consists of the
price charged by the airlines plus any additional taxes and fees levied by an
outside entity at the time of purchase. Fares include only the price
paid at the time of the ticket purchase and do not include other fees, such as
baggage fees, paid at the airport or onboard the aircraft. Averages do not include
frequent-flyer or "zero fares" or a few abnormally high reported fares.
Excel | CSV
| 2009 |
|
301 |
|
|
| 2008** |
1 |
346 |
-13.0 |
-1.4 |
| 2007 |
2 |
325 |
-7.4 |
3.5 |
| 2006 |
3 |
342 |
-11.8 |
6.3 |
| 2005 |
4 |
307 |
-1.8 |
10.9 |
| 2004 |
5 |
309 |
-2.6 |
13.7 |
| 2003 |
6 |
315 |
-4.2 |
17.4 |
| 2002 |
7 |
318 |
-5.2 |
19.9 |
| 2001 |
8 |
329 |
-8.3 |
21.2 |
| 2000 |
9 |
339 |
-11.2 |
25.1 |
| 1999 |
10 |
329 |
-8.5 |
29.8 |
| 1998 |
11 |
301 |
0.1 |
32.3 |
| 1997 |
12 |
289 |
4.1 |
34.6 |
| 1996 |
13 |
276 |
9.2 |
37.6 |
| 1995 |
14 |
297 |
1.5 |
41.4 |
Source: Bureau of
Transportation Statistics
* Rate calculated using
Bureau of Labor Statistics Consumer Price Index
** Revised
Note: Percent change based on
unrounded numbers
Table 7: Percent Changes to 2009 in the Air Travel Price
Index, from Each Year Since 1995
(U.S.-Origin Itineraries,
2nd Quarter to 2nd Quarter)
Excel | CSV
| -10.9 |
2008 |
1 |
| -4.5 |
2007 |
2 |
| -6.7 |
2006 |
3 |
| 4.0 |
2005 |
4 |
| 5.9 |
2004 |
5 |
| 6.3 |
2003 |
6 |
| 5.8 |
2002 |
7 |
| 0.7 |
2001 |
8 |
| 4.0 |
2000 |
9 |
| 10.2 |
1999 |
10 |
| 12.5 |
1998 |
11 |
| 8.7 |
1997 |
12 |
| 15.0 |
1996 |
13 |
| 11.3 |
1995 |
14 |
Source:
Bureau of Transportation Statistics
Table 8: Year-to-Year Changes in the Air Travel Price
Index (ATPI) since 1995 U.S.-Origin Itineraries
2nd Quarter to 2nd Quarter (1st Quarter 1995 = 100)
Excel | CSV
| 1995 |
101.1 |
|
| 1996 |
97.8 |
-3.3 |
| 1997 |
103.5 |
5.8 |
| 1998 |
100.0 |
-3.4 |
| 1999 |
102.1 |
2.1 |
| 2000 |
108.2 |
6.0 |
| 2001 |
111.8 |
3.3 |
| 2002 |
106.4 |
-4.8 |
| 2003 |
105.8 |
-0.6 |
| 2004 |
106.2 |
0.4 |
| 2005 |
108.2 |
1.8 |
| 2006 |
120.6 |
11.5 |
| 2007 |
117.8 |
-2.3 |
| 2008 |
126.3 |
7.2 |
| 2009 |
112.5 |
-10.9 |
Source: Bureau of Transportation Statistics
Table 9: Top 5 2nd Quarter Air Travel Price Index
Increases/Smallest Deceases and Top 5 Decreases, 2008-2009
Top 85 Air Travel
Markets*
Air Travel Price
Index Percent Change, 2nd Quarter 2008 to 2nd Quarter 2009 (1st Quarter 1995 =
100)
Excel | CSV
| |
Largest Increases/Smallest Decreases |
|
|
|
| 1 |
Islip, NY |
121.1 |
169.3 |
39.8 |
| 2 |
Reno, NV |
130.8 |
138.6 |
6.0 |
| 3 |
Oakland, CA |
135.0 |
137.9 |
2.2 |
| 4 |
Sacramento, CA |
126.1 |
128.3 |
1.7 |
| 5 |
Ft. Lauderdale, FL |
121.3 |
119.6 |
-1.4 |
| |
ATPI
for All
U.S. Origins |
126.3 |
112.5 |
-10.9 |
| |
Largest Decreases |
|
|
|
| 1 |
Cincinnati, OH |
156.0 |
112.8 |
-27.7 |
| 2 |
Minneapolis/St.
Paul, MN |
116.1 |
94.5 |
-18.6 |
| 3 |
Charlotte, NC |
135.3 |
110.5 |
-18.3 |
| 4 |
Des Moines, IA |
118.5 |
98.4 |
-16.9 |
| 5 |
Richmond, VA |
110.6 |
92.5 |
-16.3 |
Source: Bureau of
Transportation Statistics
* See Top 85 Market Rankings
Table 15 for Alaska, Hawaii and Puerto Rico airports
** HI, AK, PR airports are
excluded.
***See Top 85 Market Rankings Table 16 for Alaska, Hawaii and Puerto Rico airports
Table 10: Top 5 Air Travel Price Index Increases and
Decreases (Smallest Increases), 1995-2009
Top 85 Air Travel
Markets*
Air Travel Price
Index Percent Change, 2nd Quarter 1995 to 2nd Quarter 2009 (1st Quarter 1995 =
100)
Excel | CSV
| |
Largest Increases |
|
|
|
| 1 |
Long Beach, CA |
88.8 |
153.6 |
72.9 |
| 2 |
Burbank/Glendale/Pasadena,
CA |
101.4 |
171.0 |
68.6 |
| 3 |
Islip, NY |
104.8 |
169.3 |
61.6 |
| 4 |
Ft. Myers, FL |
97.6 |
139.9 |
43.4 |
| 5 |
Las Vegas, NV |
101.0 |
140.4 |
39.1 |
| |
ATPI
for All
U.S. Origins |
101.1 |
112.5 |
11.3 |
| |
Largest Decreases |
|
|
|
| 1 |
Denver, CO |
104.5 |
93.8 |
-10.2 |
| 2 |
Richmond, VA |
101.7 |
92.5 |
-9.0 |
| 3 |
Minneapolis/St.
Paul, MN |
103.6 |
94.5 |
-8.8 |
| 4 |
Des Moines, IA |
102.5 |
98.4 |
-4.0 |
| 5 |
Milwaukee, WI |
103.8 |
102.0 |
-1.7 |
Source:
Bureau of Transportation Statistics
* See Top 85 Market Rankings
Table 15 for Alaska, Hawaii and Puerto Rico airports
** HI, AK, PR airports are
excluded.
*** See Top 85 Market Rankings Table 15 for Alaska, Hawaii and Puerto Rico airports
For air fares for the following airports, go to http://www.bts.gov/xml/atpi/src/index.xml.
Multiple airport areas for which a
single average fare calculation is available are: Boston,
Chicago, Dallas-Fort Worth, Houston,
Los Angeles, New York,
San Francisco and Washington,
DC.
Airports covered by average fare calculations are:
Alabama:Birmingham, Huntsville
Arizona: Phoenix, Tucson
Arkansas: Little Rock
California: Burbank, Fresno,
Long Beach, Los
Angeles Intl, Oakland,Ontario/San Bernardino, Sacramento,
San Diego, San
Francisco, San Jose, Santa Ana (Orange
County)
Colorado: Colorado Springs,
Denver
Connecticut: Hartford
District of Columbia: Dulles, Reagan National
Florida: Ft. Lauderdale,
Ft. Myers,
Jacksonville, Miami,
Orlando, Pensacola, Sarasota, Tampa,
West Palm Beach
Georgia: Atlanta, Savannah
Idaho: Boise
Illinois: Chicago
Midway, Chicago O'Hare
Indiana: Indianapolis
Iowa: Des Moines
Kansas: Wichita
Kentucky: Louisville
Louisiana: New Orleans
Maine: Portland
Maryland: Baltimore
Massachusetts: Boston
Michigan: Detroit, Grand
Rapids, Flint
Minnesota: Minneapolis/St. Paul
Mississippi: Jackson/Vicksburg
Missouri: Kansas City, St.
Louis
Nebraska: Omaha
Nevada: Las Vegas, Reno
New Hampshire: Manchester
New Jersey: Atlantic City,
Newark
New Mexico: Albuquerque
New York: Albany, Buffalo,
Islip, Newburgh,
New York JFK, New
York LaGuardia, Rochester,
Syracuse, White
Plains
North Carolina: Charlotte, Greensboro,
Raleigh/Durham
Ohio: Akron/Canton, Cincinnati,
Cleveland, Columbus,
Dayton
Oklahoma: Oklahoma City,
Tulsa
Oregon: Portland
Pennsylvania: Harrisburg, Philadelphia,
Pittsburgh
Rhode Island: Providence
South Carolina: Charleston,
Greenville/Spartanburg
Tennessee: Knoxville, Memphis,
Nashville
Texas: Austin, Dallas
Love, Dallas/Ft. Worth, El Paso, Houston
Bush, Houston Hobby,
Lubbock*, San
Antonio
Utah: Salt Lake City
Vermont: Burlington
Virginia: Newport News/Williamsburg, Norfolk,
Richmond
Washington: Seattle, Spokane
Wisconsin: Madison, Milwaukee
* Data available on BTS Air Fare Page only.
For the ATPI for
the following markets, go to http://www.bts.gov/xml/atpi/src/index.xml:
Alabama: Birmingham
Alaska: Anchorage
Arizona: Phoenix,
Tucson
Arkansas: Little
Rock
California: Burbank,
Greater Los Angeles, Long Beach, Los Angeles, Oakland, Ontario,
Sacramento, San Diego, San Francisco,
San Jose, Santa Ana (Orange County)
Colorado: Colorado
Springs, Denver
Connecticut: Hartford
District
of Columbia: Washington,
DC (Dulles and Reagan National combined)
Florida: Ft.
Lauderdale, Ft.
Myers, Jacksonville,
Miami, Orlando, Tampa,
West Palm Beach
Georgia: Atlanta,
Savannah
Hawaii: Honolulu,
Kahului (Maui), Kona, Lihue (Kauai)
Idaho: Boise
Illinois: Chicago
(Midway and O'Hare combined)
Indiana: Indianapolis
Iowa: Des
Moines
Kentucky: Louisville
Louisiana: New
Orleans
Maryland: Baltimore
Massachusetts: Boston
Michigan: Detroit,
Grand Rapids
Minnesota: Minneapolis/St.
Paul
Missouri: Kansas
City, St. Louis
Nebraska: Omaha
Nevada: Las
Vegas, Reno
New Hampshire: Manchester
New
Jersey: New York/Newark
New
Mexico: Albuquerque
New
York: Albany,
Buffalo, Long
Island, New York/Newark, Rochester,
Syracuse
North
Carolina: Charlotte,
Greensboro/High Point, Raleigh/Durham
Ohio: Cincinnati,
Cleveland, Columbus,
Dayton
Oklahoma: Oklahoma
City, Tulsa
Oregon: Portland
Pennsylvania: Philadelphia,
Pittsburgh
Rhode
Island: Providence
South
Carolina: Charleston
Tennessee: Memphis,
Nashville
Texas: Austin,
Dallas/Ft. Worth, El Paso, Houston,
San Antonio
Utah: Salt
Lake City
Virginia: Norfolk,
Richmond
Washington: Seattle,
Spokane
Wisconsin: Milwaukee
Puerto
Rico: San
Juan
Brief Explanation of
the ATPI
The ATPI
series are computed using a price index methodology. Although the ATPI is
computed using a tested index methodology, it is considered a research series
at this time.
The ATPI is based on fares paid by
travelers and draws its data from the BTS Passenger Origin and Destination Survey. Through this survey, BTS collects information
from the airlines on a 10-percent sample of airline tickets. Each ticket sold is assigned an
identification number, and if this number ends in 0, the ticket is in the
sample.
The index measures the aggregate
change in the cost of itineraries originating in the United
States , whether the destinations are
domestic or international, but only for U.S. carriers (excluding charter air travel). The ATPI is based on the changes in
the price of individual itineraries, that is, round trips or one-way trips for
which no return trip is purchased, and the relative value of each itinerary,
for the set of matched itineraries.
The index uses the first quarter of
1995 as the reference point (expressed as the number 100) against which all
subsequent quarterly prices are measured. ATPI values below 100 represent overall "cost of flying" levels less
than those in the second quarter of 1995, while values above 100 represent cost
of flying levels that exceed those of the second quarter of 1995. ATPI levels can be used to compute percentage
changes in overall fare costs between any two quarters in an ATPI series.
Unlike many other price index
estimates, the ATPI is not based on a fixed "market basket" of air travel
services. Rather, all of the data from
the Passenger Origin and Destination (O&D) Survey are fed into the
estimation system each quarter, and this collection of itineraries varies from
one quarter to the next. New entry,
including routes and carriers, will not be included in the ATPI calculations
until it has been present in the O&D Survey for two consecutive quarters.
For price
comparison purposes, itineraries flown in each quarter are "matched up" with
identical or very similar itineraries flown in other quarters. A price index formula is then used to compute
aggregate index estimates such as those that appear in this release.
The fares
reported in the O&D Survey include taxes, so the ATPI values reflect
changes in tax rates as well as changes in fares received by the airlines. The
ATPI values in this release are not adjusted for seasonality, so some movements
in the series are due to seasonal variations in air fares.
The ATPI differs from the Bureau of
Labor Statistics' (BLS) air fare index, a component of the Consumer Price
Index. The BLS index is based on
fares advertised through SABRE, a leading computerized airline ticket
reservation system, while the ATPI uses actual fares paid by travelers. Since a growing number of tickets are
purchased through the internet at discounted prices not listed with SABRE, the
ATPI does not show the same levels of change as the BLS index.
|
|
