February 6, 2015

ICT’S Average Fare Down 29% Since 2000

3rd Quarter Average Fare Report Released

Date:  February 6, 2015

The Bureau of Transportation Statistics (BTS) has released its third quarter average fare report. In this report, Wichita’s average fare for the third quarter was $410.41, an increase of just 1.2% from the third quarter 2013, but a 29% decrease from its third quarter 2000 fare.  This compares to a U.S. average fare decline of 14.1% since 2000.

In 2000, Wichita’s fare ranked 20th highest in the nation (out of the top 100 airports).  In 2014, Wichita ranked 43rd highest.

In comparison to regional airports, Wichita’s fare is less than Oklahoma City’s fare of $429.29, and less than Tulsa’s fare of $440.53.  Kansas City’s fare was $376.08, and the U.S. average was $396.37.

“The impact of low-cost carriers in our market is clearly seen by the 29% decrease in fares since 2000, particularly when compared to regional airports,” stated Valerie Wise, Air Service & Business Development Manager.

Low-fare service entered the Wichita market in 2002 with AirTran, followed by Allegiant, Frontier, and now Southwest Airlines.  Southwest is vital to keeping fares competitive.

Inflation-Adjusted Average Domestic Itinerary Fares Pct. Change
Airport 3Q2000 3Q2013 3Q2014 2000-2014 2013-2014
US Average 461.35 396.50 396.37 -14.1 0.0
Kansas City 382.07 380.70 376.08 -1.6 -1.2
Oklahoma City 426.66 429.57 429.29 0.6 -0.1
Tulsa 422.20 455.35 440.53 4.3 -3.3
Wichita 577.73 405.62 410.41 -29.0 1.2

 

Media Contacts

Valerie Wise

Air Service & Business Development Manager

(316) 946-4780

Brad Christopher

Assistant Director of Airports

(316) 946-4700

Victor White

Director of Airports

(316) 946-4700

Newsroom Topics

Eisenhower Air Archives

January 2019

September 2018

June 2018

April 2018

January 2018

December 2017

August 2017

May 2017

February 2017

November 2016

September 2016

Newsroom Archive

Flight Search