
BTS: Q3 2009 airfares drop to lowest July-to-September level since 2005
Average domestic air fares in the third quarter of 2009 fell to their lowest July-to-September level since 2005. Fares dropped 14.4 percent from the third quarter of 2008 in the largest year-to-year decline on record, according to the U.S. Department of Transportation's Bureau of Transportation Statistics (BTS) reported. The $306 third-quarter 2009 average fares were down 14.4 percent from the all-time high, not inflation-adjusted, of $358 in the third quarter of 2008 and down 26.8