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CVG Airfares Continues to Drop
04/27/2017
The U.S. Dept. of Transportation released its average airfare ranking report for fourth quarter 2016. Below is a summary as it relates to CVG:
- CVG average fare ranked #42 compared to #22 in 4Q 2015
- CVG average fare of $367 decreased 12% compared to $419 in 4Q 2015
- Fares decreased 26% compared to $496 in 4Q 2014
- Fares are down $129 round-trip over the last 24 months
- Low-cost carrier capacity at CVG was 21% in 4Q 2016 compared to 16% in 4Q 2015
Regional comparisons:
- Louisville (SDF) ranked #17 – average fare $404
- Lexington (LEX) ranked #24 – average fare $395
- Dayton (DAY) ranked #26 – average fare $393
- CVG ranked #42 – average fare $367
- Columbus (CMH) ranked #48 – average fare $360