Third Quarter 2022 Average Air Fare Increases 13% Over Third Quarter 2021

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January 31, 2023

Third Quarter 2022 Average Air Fare Increases 13% Over Third Quarter 2021

The Bureau of Transportation Statistics (BTS) recently released its third-quarter average airfare report. BTS average fares include round-trip and one-way itineraries. The average U.S. domestic airfare, inflation-adjusted, increased in the third quarter of 2022 to $383.34, up 13% from the third quarter of 2021 fare of $340.22. Compared to Q3 2019, the fare was 4% less, $398.59.

At Wichita Eisenhower National Airport, the average inflation-adjusted domestic fare in Q3 2022 increased 13% to $420.80 from Q3 2021 and is 7% less than in Q3 2019.  Wichita’s fare is comparable with the fares in the region.

The pandemic forced airlines to drop airfares in 2020. The U.S. airfare fell 30%, and ICT’s average airfare fell 26% (Q3 2020 vs. Q3 2019). Fuel and labor costs have increased considerably since the pandemic.

Q3 2022 Average Fares

Q3 2022Q3 2021Q3 2020Q3 2019Q3 2022 vs Q3 2021Q3 2022 vs Q3 2020Q3 2022 vs Q3 2019Q3 2000Q3 2022 vs Q3 2000
U.S. Average$383.34$340.22$279.24$398.59$43.1213%$104.1037%-$15.25-4%$576.50-$193.16-34%
Des Moines$378.55$358.94$266.85$446.54$19.615%$111.7042%-$67.99-15%$744.29-$365.74-49%
Kansas City$395.86$353.61$259.62$415.92$42.2512%$136.2452%-$20.06-5%$477.44-$81.58-17%
Little Rock$437.96$379.40$301.97$483.53$58.5615%$135.9945%-$45.57-9%$514.05-$76.09-15%
Oklahoma City$428.65$368.30$299.31$450.14$60.3516%$129.3443%-$21.49-5%$533.15-$104.50-20%
Cedar Rapids$430.91362.29$289.11$453.74$68.6219%$141.8049%-$22.83-5%$796.27-$365.36-46%

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