this Tuesday, April 14, 2015 photo, travelers watch as a
plane taxis at Hartsfield-Jackson Atlanta International
Airport in Atlanta. After years of steadily-rising airfare,
travelers this summer can expect a tiny bit of relief, a
really tiny bit. The average roundtrip domestic ticket this
summer now stands at $454, down $2.01 from last summer.
Vacationers to Europe will fare better with tickets down 3
percent to $1,619, about $50 less.
After years of
steadily-rising airfare, travelers this summer can expect a tiny
bit of relief — $2.01 in savings to be exact.
roundtrip domestic ticket this summer, including taxes, now stands
at $454, down less than a percent from last summer. Vacationers to
Europe will fare better with the average ticket down 3 percent to
$1,619, about $50 less than last summer.
Not all travelers
will get to save.
Hawaii, Florida and New Orleans are cheaper, but travelers heading
to New York, Denver and San Francisco can expect to pay more.
Even in Europe,
it depends on the destination. Overall fares are down but it will
cost more this summer to fly to cities like Amsterdam; London;
Budapest, Hungary; Lisbon, Portugal; Frankfurt, Germany or
Prices are coming
down because airlines are now saving billions of dollars thanks to
lower fuel prices and because more seats have been crammed into
planes, spreading out costs over more passengers. European
economic troubles are also keeping some seats empty as business
travelers stay home.
good news about fares comes in a report released Monday by the
Airlines Reporting Corp., which processes ticket transactions for
airlines and travel agencies such as Expedia, American Express and
Carlson Wagonlit. The study looks at 4.1 million tickets purchased
before March 31 this year and last year for travel between
Memorial Day and Labor Day.
the first three months of this year was also lower, down 3.7
percent domestically and 8.9 percent internationally.
Even with the
moderate relief this summer, prices are still higher than just a
few years ago. The average domestic roundtrip ticket is still $13,
or 3 percent, higher than it was in 2012. European trips are $60,
or 3.9 percent, more expensive.
thank lower oil prices and more seats on planes for keeping this
summer's airfare in check.
Airlines at the
start of the year paid $2.13 for each gallon of jet fuel, down 30
percent from last year's $3.03, according to the Bureau of
Transportation Statistics. With U.S. airlines burning through 42
million gallons of fuel a day, that 90-cent savings adds up
quickly: $14.7 billion for the entire year if prices remain at
only seeing a sliver of those savings. The rest of the money is
being used to upgrade airplanes and airports, pay employee bonuses
and reward shareholders as airlines continue to post record
woes are also keeping some business travelers home, helping lower
fares for vacationers. Fares are down to airports in Spain, Italy
and France. However, cities in Germany and England, whose
economies are stronger, are still higher this summer compared to
Part of the
savings is also linked to airlines adding extra seats on certain
One of the best
bargains to Europe right now is between New York and Milan, Italy.
That's because four airlines fly that traditional business route
nonstop each day including Dubai-based Emirates Airline. Starting
in June, Emirates will fly the world's largest jet, the Airbus
A380, carrying 489 people between the two cities. That's 129 more
passengers a day than it currently carries, helping to bring down
situation is true for Hawaii.
There are 5
percent more seats between Hawaii and the rest of the country this
summer, compared to last. That's helping to lower ticket prices to
most airports there by about 10 percent.