April 28, 2016

Wichita Airfares Continue to Drop

The average fares at Wichita Eisenhower National Airport (ICT) are down 1% from 4th quarter 2014 when factoring inflation, according to data released by the Bureau of Transportation Statistics. The bureau also noted that fares are down 31% from 2000, which is before low-cost carriers entered the Wichita market.  In 2000, Wichita’s average fare was $569.55; in 2015, it was $391.62, a decrease of $177.92.

“The competition that low-cost carriers Southwest Airlines and Allegiant bring to our market is key to keeping fares affordable,” said Wichita Mayor Jeff Longwell. “Their presence encourages the other airlines to compete on fares to similar destinations, which drives down fares for everyone.”

Compared to regional airports, Wichita’s average fare of $391.62 is less than Oklahoma City ($401.89) and Tulsa ($408.61), but still higher than Kansas City ($362.28), a significantly larger market.  However, the gap is closing and more passengers are using the Wichita airport rather than driving to another airport.  The most recent study shows that Wichita is retaining 80% of its passengers.  In 2001, Wichita’s retention rate was 56%.

Inflation Adjusted Average Fare Q4-2015
 

 ICTMCIOKCTUL
4Q 2000569.55381.65415.81410.86
4Q 2012408.47361.90417.28443.17
4Q 2013393.68368.78406.39430.47
4Q 2014395.58374.56418.16429.90
4Q 2015391.62362.28401.89408.61
4Q 2015 - 4Q 2014-3.95-12.29-16.27-21.29
% Change 2015 - 2014-1%-3%-4%-5%
4Q 2015 - 4Q 2000-177.92-19.38-13.92-2.24
% Change 2015 - 2000-31%-5%-3%-1%

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