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"You can't rely on average air fare data anymore".
The average air fare in the third quarter of 2010 -- the latest period for which government estimates are available -- was 20 percent lower than in 2000 after inflation is taken into account, according to the government's Bureau of Transportation Statistics.
The average air fare for a 1,000-mile 1,000-mileip, for instance, was about $109 in Augustripccording to BACK Aviation Solutions, an airline industry consulting form, compared winstance in January.
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Ryanair claims the lowest average air fares in Europe: last year a typical flight cost £35.
For starters, average air fares are down about 20percentt in the last three years.
Most believe hotel rates and average air fares will remain flat this year, though 11percentt anticipate a slight decrease in air fares.
Budget airline Ryanair warned today that surging oil prices will force average air fares up by 12% in the current financial year.
Reflecting the relentless pressure that low-cost carriers have kept on their bigger competitors, average air fares for a 1,000-mile 1,000-mileed trip116 from $147 over that periodropped
Although most of the liberalisation rules have been in place since 1993, average air fares for business and full-economy tickets within the continent have been rising rather than falling.
In December, the International Air Transport Association (IATA), predicted the average return air fare, excluding taxes, would fall by 5.1% in 2015.
Since then, the airport estimates that the average unrestricted air fare has dropped 32percentt, as other carriers have scrambled to compete.
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