Average Q2 airfare was nearly identical to 1998 ticket prices

10/29/2009 | USA Today

The average price for a domestic flight in the second quarter was just over $300, a 13% drop from the previous year. Those who track airfares say the steep price decline isn't a surprise. "They thought if they reduced capacity they'd be able to maintain pricing power," said George Hobica of Airfarewatchdog.com. "But ... the worsening of the economy surpassed what they could accomplish with capacity cuts. So they found themselves with empty seats." To fill those seats, "airfares were in free fall from November ... and the discounting never stopped," said Rick Seaney, head of FareCompare.com.

View Full Article in:

USA Today

Published in Brief:

SmartBrief Job Listings for Transportation

Job Title Company Location
Nationwide, SL_Nationwide
Line Maintenance Router
Alaska Airlines
Seattle, WA
Aircraft Overhaul Supervisor
American Airlines
Tulsa, OK
Manager of Materials
Cape Air/Nantucket Airlines
Hyannis, MA
Station Manager
Cape Air/Nantucket Airlines
Boston, MA