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Third Quarter 2019 Air Fare Data

U.S. domestic air fares in the third quarter of 2019 of $345 were the lowest on record, inflation adjusted, based on Bureau of Transportation Statistics (BTS) records dating from 1995.  The third-quarter 2019 fares were down 1.2% from the previous low of $349 in the third quarter of 2018.

 

Adjusted for inflation, (constant 2019 dollars) the 3Q 2019 air fare was:

  • Down 1.2% from 3Q 2018 ($349)
  • Down 3.6% from 2Q 2019 ($358). The second-quarter fare was revised from $364 in the previous release after Frontier Airlines refiled second-quarter data. Frontier’s revised second-quarter and third-quarter data are included in this release.
  • Down 18.3% from 3Q 2014 ($422)

November 2019 U.S. Passenger Airline Employment Data

The 21 U.S. scheduled passenger airlines employed 2.9% more workers in November 2019 than in November 2018:

  • November’s 452,668 full-time equivalents (FTEs) was the highest employment total since March 2003 (458,598 FTEs).  
  • November was the 73rd consecutive month that U.S. scheduled passenger airline FTEs exceeded the same month of the previous year.