News release: “Average air fares in the fourth quarter of 2007 were up 4.0 percent from the fourth quarter of 2006, reaching the highest fourth-quarter level since 2001 but remaining 2.7 percent below the high set in 2000 for any October-to-December period, the U.S. Department of Transportations Bureau of Transportation Statistics (BTS) reported…the average domestic itinerary fare in the fourth quarter of 2007 of $331 was the highest average fare since the second quarter of 2006. The fourth-quarter 2007 average fare was up 11.3 percent from the post-9/11 fourth-quarter low of $297 in 2004. f the top 100 airports based on originating passengers, the highest fourth-quarter average fares were in Anchorage, AK; followed by Cincinnati, OH; San Francisco; Madison, WI; and Knoxville, TN. The lowest fares in the top 100 airports were at four Hawaii airports followed by Dallas Love.”
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