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COVID sees lowest US airfares in 25 years.

US domestic ticket prices dropped to the lowest point in 25 years during COVID-ravaged 2020 as the average domestic airfare hit $US292.

This was the lowest inflation-adjusted annual airfare since the Bureau of Transportation began collecting records in 1995 and was 31.7 percent below the average fare in 2014.

It was also almost 19 percent below the previous low of $US359 in 2019.

Airfares had already been dropping but this accelerated as the COVID pandemic saw the number of originating passengers on US airlines plummet from 331 million in 2019 to 131 million in 2020 as travel restrictions hit.

READ: Qantas asks $A1 read more ⇒

Source:: AirlineRatings.Com

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