Madison sees fares rise by 17%; Atlantic City’s domestic fares fall by over 8% in 2011 Q1 v 2010 Q1
Winner of the US ANNIE Airport Growth Award in the 0.5m-2m category, Greenville/Spartanburg in South Carolina has benefited massively by Southwest’s launch of five routes in Mid-March. As a result the airport grew its monthly seat capacity by almost 40% since Ocotber 2010 while fares have fallen by 7%.
Data for the first quarter of 2011 from the US Bureau of Transportation Statistics reveals which airports (among the top 100 for O&D travel in the US) have seen the greatest increase (and decrease) in average fares between 2011 Q1 and 2010 Q1. Overall, air fares rose 5.7% in the first quarter of 2011 versus the last quarter of 2010, and are up around 8.5% compared with the first quarter of 2010. Atlantic City, which already has some of the cheapest flights in the country, saw average air fares fall a further 8.5%, while Greenville/Spartanburg in South Carolina, which became a Southwest base in mid-March, has already seen fares fall by 7%.
Source: Bureau of Transportation Statistics
The airport which has seen the highest increase in fares between 2010 Q1 and 2011 Q1 is Dane County Regional Airport serving Madison in Wisconsin. Here fares rose by 17.5% in a year. The airport is served by five airlines; American, Continental, Delta, Frontier and United. Frontier's flights represent less than 15% of the total at the airport.
Two other airports which saw airline fares rise by more than 15% are Richmond (Virginia) and Cincinnati (Ohio). Santa Ana in California and Rochester in New York state were not far behind.
US DOT Consumer Air Fares Report running late
The more detailed quarterly US Department of Transportation, Office of Aviation Analysis report on consumer air fares appears to be running late. On the organisation's website it states "First Quarter 2011 should be available sometime in September 2011". However, as yet there is no sign of this data suggesting that there is likely a problem with the data received from one of the larger carriers that is delaying publication.