Wednesday, January 14, 2009

Anatomy of an airline ticket


For most people, ticket pricing can be the most confusing part of air travel. Fares are constantly changing. What your friend paid yesterday for a flight from New York to Chicago is probably not what you are going to pay today for the exact same flight. Even the people sitting in the same section of a flight likely paid very different prices for their tickets. Believe it or not, fares are cheaper today than in 1978, which is why more people are flying than ever before. Fares are tracked according to what a passenger pays (in cents) per mile. In 1978, passengers paid approximately 19 cents per mile. In 1997, passengers paid about 14 cents per mile.

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