U.S. Airfares Are the Lowest on Record (But There’s a Catch)

U.S. airfares averaged $343 in the third quarter of 2018, down 0.4% from a year earlier. Adjusted for inflation, that’s the cheapest airfare ever recorded since the Bureau of Transportation Statistics began collecting airfare data in 1995. The BTS said the average airfare in the third quarter combined both one-way and round-trip fares. One-way tickets, […]