Tag: airfare
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Cheaper Flights Today: Are Airfares Lower Than 2000?
Introduction: The question on travelers’ minds Are flights cheaper today than they were at the turn of the millennium, even as prices rise for many goods and services? It’s a question that sounds counterintuitive given headlines about inflation and wages. Yet, a closer look at airline pricing, competition, and technology suggests that airfares have in…
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Are flights cheaper than they were in 2000? The surprising inflation-adjusted truth
Introduction: The paradox of cheaper-feeling flights When you book a domestic trip or an international hop, you might expect prices to rise in line with inflation. After all, wages have climbed and fuel costs have fluctuated. Yet many travelers feel that airfares, adjusted for price growth, don’t always move in lockstep with the broader cost…