Average domestic airfare drops to lowest level since 2009

Average domestic airfare drops to lowest level since 2009
- October 25, 2016
- Jan Brueckner, economics, comments in the Los Angeles Times, Chicago Tribune and The Morning Call Oct. 25, 2016
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Such low-cost airlines carry only a fraction of the passengers who travel on major carriers such as American, United and Delta, but they continue to pressure the larger airlines to keep fares low, said Jan K. Brueckner, an economics professor at UC Irvine. “A few flights here and there will really make a difference,” he said.
For the full story, please visit http://www.latimes.com/business/la-fi-air-fares-20161025-snap-story.html.
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