HEBRON, KY (FOX19) - Average domestic air fares rose to $356 in the first quarter of 2011, up 8.4 percent from the average fare of $328 in the first quarter of 2010, the U.S. Department of Transportation's Bureau of Transportation Statistics (BTS) reported Wednesday.
The Greater Cincinnati Northern Kentucky International Airport had the fourth-highest average fares in the country with an average of $465.75. Houston had the highest average fares at $477, followed by Huntsville and Newark-Liberty,.
First-quarter fares increased 5.7 percent from the fourth quarter of 2010, the first increase after two quarterly declines. Quarter-to-quarter changes may be affected by seasonal factors.
BTS, a part of the Research and Innovative Technology Administration, reports average fares based on domestic itinerary fares, round-trip or one-way for which no return is purchased.
CVG also had the third highest average fare increase from first quarter 2010 to first quarter 2011 at 15.2 percent.
For the complete report, visit http://www.bts.gov/xml/atpi/src/index.xml