AIR FARES ARE DOWN IN SPRINGFIELD Yes, you read that headline right. Airlines are charging less at the Springfield airport. It almost looks like a trend. Here’s how it looks in dollars and cents. Note the average national fare is going up, while fares here are going down: 2012Q4 AVERAGE ONE-WAY NET FARE - Springfield average: $220.72 - U.S. average: $191.23 2013Q4 AVERAGE ONE-WAY NET FARE - Springfield average: $213.81 - U.S. average: $196.31 Net fare excludes taxes and fees; its the amount the airline actually sees. This decline is likely the result of the improved financial health of the domestic airlines — specifically Delta and American. American has been fare aggressive since the announcement of its merger with US Airways. And Delta, which is reaping the financial benefits of its merger with Continental, is being aggressive as well. Bottom line: the dip in fares in likely due to good old fashioned competition. We won’t have fare data for the 1st Quarter of this year until July or August. Heres hoping weve got a trend in the making. And remember — its not always more expensive to fly from Springfield. Please dont assume — check it out!
Posted on: Wed, 04 Jun 2014 23:00:00 +0000