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Are airfares finally affordable again?

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Are airfares finally affordable again?

FRIDAY FORUM: Domestic ticket prices have plunged, but does flying actually cost less?

Christopher Elliott
Aug 11, 2023
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Are airfares finally affordable again?

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The latest Consumer Price Index has some stunning news for air travelers: The price of a domestic airline ticket plunged by 18.6 percent in July to $241. But is air travel getting more affordable?

The fall in fares is part of a broader trend. In June, ticket prices dropped 18.9 percent, down 8 percent from the previous June.

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