First Quarter 2021 Air Fare Drops As Passenger Numbers Increase
BTS 45-21
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The average U.S. domestic air fare declined in the first quarter of 2021 to $260, down 1.2% from the inflation-adjusted fare of $264 in the fourth quarter of 2020. The first quarter fare of $260 was up 5.0% from the lowest inflation adjusted fare of $248 in the third quarter of 2020.
Adjusted for inflation (constant 2021 dollars) the average 1Q 2021 air fare was: