Figure 1. U.S. Average Domestic Fares, 2nd Quarter 1995-2020

Second Quarter 2020 Air Fare Drops to New Low as Passenger Numbers Decline

U.S. domestic air fares declined in the second quarter of 2020 to $259, the lowest inflation-adjusted quarterly air fare in Bureau of Transportation Statistics (BTS) records dating back to 1995. The previous low was $334 in the first quarter of 2020. 

U.S. and Foreign Airline Annual Traffic, 2020

Passenger Airline Employment, January 2021

Airline Traffic Data, December 2020 Domestic, September 2020 International

Airline Full-Time/Part-Time Employment, January 2021

North American Freight Data, Annual 2020

Airline Fuel Cost and Consumption, January 2021

Passenger Airline Employment, December 2020

Airline Traffic Data, November 2020 Domestic, August 2020 International