CVG has highest fares again

The U.S. Department of Transportation's Bureau of Transportation Statistics released its report on average domestic air fares in fourth quarter of 2008, and once again, CVG came in as the highest.

Of the top 100 airports based on originating passengers, the highest fourth-quarter average fares were in Cincinnati, followed by Grand Rapids, MI; Knoxville TN; Greenville/Spartanburg, SC and Minneapolis/St. Paul. Cincinnati's average fare is $554 for a roundtrip ticket.

The lowest fares in the top 100 airports were at Dallas Love, TX followed by Long Beach, CA; Las Vegas; Orlando, FL and Burbank, CA (Table 3).

Average domestic air fares in the fourth quarter of 2008 of $347 were 3.7 percent lower than the all-time quarterly high set in the third quarter but were still the highest for any fourth quarter on record.