Air fares from Denver reach near-record low

DENVER BUSINESS JOURNAL - Air fares for flights out of Denver International Airport slipped to the second-lowest amount, when adjusted for inflation, in the airport’s history during the second quarter of 2016.

The average ticket price for originating passengers at DIA from April through June was $309.67, according to the federal Bureau of Transportation Statistics — the lowest price among the nation’s seven largest airports and a dip of 8.4 percent from the second quarter of 2015.

DIA is one of the few major airports with three airlines hubbed there, and one of those — Denver-headquartered Frontier Airlines — continues to try to push fees lower as an ultra-low-cost carrier.

Only once since the airport opened in 1995 have fares been that low, using numbers adjusted for current inflation, according to the BTS. That was in the second quarter of 2009, at the nadir of the Great Recession, when the average fare was $276, or $308.43 when adjusted for today’s inflation.

Read more at the Denver Business Journal: http://bizj.us/1osotg

(© 2016 American City Business Journals. All rights reserved.)


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