According to newly released information from U.S. Bureau of Transportation Statistics (BTS), the two airports with the highest average domestic airfare during the second quarter of 2011 – April, May, June – were Memphis International (MEM) and Cincinnati/Northern Kentucky International (CVG).
Both had average airfares of $476.
Average Fares Jump Overall
At the same time, average domestic airfares overall rose a sharp 8.5 percent on a year-to-year basis:
- Second Quarter 2010 - $341
- Second Quarter 2011 – $370
This will come as no surprise to those who have followed airfare pricing trends this year, specifically the record breaking 22 airfare price hike attempts of 2011. For the record, there were only four airfare hike attempts in 2009, and just three in 2010.
U.S. Airport with Lowest Airfares
The airport with the lowest domestic airfare for the second quarter of 2011 ($205) was Atlantic City International (ACY). However, the numbers may be considered somewhat skewed by the fact that this small facility is only served by two low cost carriers – Spirit and AirTran – with a limited number of routes.