US airfares fall 7.4 pct. in 4Q of 2009, marks largest year-over-year decline since 2001

Government says US airfares fell in 4th quarter

NEW YORK – Average airfares in the U.S. fell 7.4 percent in the last three months of 2009, the biggest year-over-year decline since 2001, the Transportation Department’s Bureau of Transportation Statistics said Wednesday.
Airfares in the fourth quarter of last year were also the lowest for that three-month period …. Source  : US airfares fall 7.4 pct. in 4Q of 2009, marks largest year-over-year decline since 2001.