Import air passenger fares fall 2.6 percent over the year; export fares rise 4.3 percent

August 18, 2017

Import air passenger fares declined 2.6 percent from July 2016 to July 2017. European (−9.6 percent) and Asian (−1.3 percent) import air passenger fares were down over the year, while Latin American and Caribbean fares increased 5.8 percent. 

12-month percent change in import and export air passenger fares, July 2007–July 2017
Month Import air passenger fares Import European fares Import Asian fares Import Latin American and Caribbean fares Export air passenger fares Export European fares Export Asian fares Export Latin American and Caribbean fares

Jul 2007

7.2% 15.5% 3.9% -0.1% 5.7% 6.3% 3.1% 7.2%

Aug 2007

8.2 17.0 5.4 0.2 3.9 6.7 -1.9 8.7

Sep 2007

7.1 18.8 5.1 1.8 8.6 7.3 10.8 10.0

Oct 2007

5.5 11.3 5.3 2.6 10.0 7.8 11.5 9.1

Nov 2007

5.6 7.4 5.0 5.7 11.5 9.6 9.9 10.6

Dec 2007

7.9 8.9 3.2 3.4 13.4 12.6 16.7 7.7

Jan 2008

7.8 8.5 1.6 3.6 14.3 11.5 23.4 1.3

Feb 2008

6.7 5.2 3.2 3.8 9.8 7.9 17.1 -7.8

Mar 2008

6.8 5.0 3.3 5.1 11.6 8.0 21.4 -7.6

Apr 2008

12.6 13.3 4.4 18.8 6.3 4.8 18.2 -7.8

May 2008

13.7 12.5 6.5 22.5 6.0 7.0 9.6 -2.0

Jun 2008

18.7 21.2 10.3 27.1 16.4 24.8 17.0 1.2

Jul 2008

19.5 24.0 8.5 27.2 17.6 21.3 19.7 3.9

Aug 2008

15.8 20.8 4.4 25.0 20.6 17.4 29.8 12.2

Sep 2008

15.0 11.3 13.8 10.9 11.2 12.9 15.3 0.2

Oct 2008

25.3 32.7 17.3 4.6 5.5 9.9 7.6 -1.6

Nov 2008

22.9 33.9 20.2 1.9 5.2 9.7 14.6 -4.3

Dec 2008

16.3 18.5 14.1 23.1 5.7 2.2 14.8 5.3

Jan 2009

12.2 24.2 13.5 -0.5 1.9 -0.2 5.4 7.1

Feb 2009

8.1 17.6 10.0 -5.1 -3.5 -5.7 -1.1 5.8

Mar 2009

2.7 8.1 5.2 -9.1 -9.4 -13.7 -3.7 -3.5

Apr 2009

-7.1 -9.0 1.9 -11.1 -11.0 -17.5 -9.3 -1.2

May 2009

-10.1 -14.9 3.1 -20.2 -15.5 -22.1 -9.1 -17.1

Jun 2009

-14.2 -13.9 -9.1 -22.7 -19.4 -22.4 -20.0 -13.4

Jul 2009

-20.1 -21.1 -12.9 -21.2 -21.8 -22.1 -21.6 -15.2

Aug 2009

-19.5 -23.9 -11.3 -16.8 -19.5 -22.0 -19.7 -15.6

Sep 2009

-14.5 -13.1 -7.9 -12.3 -17.8 -21.2 -16.4 -14.6

Oct 2009

-11.6 -9.4 -5.0 -7.2 -14.4 -15.5 -12.9 -14.0

Nov 2009

-6.4 -2.5 -8.5 0.6 -11.3 -8.0 -15.8 -9.8

Dec 2009

-3.2 6.1 -7.8 -7.2 -5.2 0.4 -12.3 -4.0

Jan 2010

-0.7 -0.8 -1.2 3.1 -4.4 1.5 -9.2 -2.3

Feb 2010

0.4 1.3 -4.3 8.5 5.1 17.8 4.9 -1.6

Mar 2010

11.0 20.8 2.7 15.0 11.3 27.9 11.4 8.1

Apr 2010

17.3 28.7 6.6 20.6 19.2 33.4 21.4 9.9

May 2010

23.3 42.0 9.4 22.5 22.0 37.2 24.8 20.5

Jun 2010

19.0 25.6 14.5 23.4 27.6 38.1 42.2 18.0

Jul 2010

21.3 28.4 15.8 18.4 30.5 33.4 45.7 15.6

Aug 2010

19.0 27.6 15.2 14.5 21.2 24.9 42.0 8.7

Sep 2010

16.7 20.4 12.6 21.4 21.9 29.5 33.6 16.6

Oct 2010

14.9 17.3 12.4 24.7 21.2 23.6 34.1 16.1

Nov 2010

12.8 13.6 12.9 20.4 15.0 4.0 38.8 16.3

Dec 2010

11.6 9.4 11.7 16.7 8.3 1.0 23.8 10.1

Jan 2011

12.2 15.2 6.9 20.6 13.2 -0.8 30.5 12.2

Feb 2011

13.6 16.4 9.7 19.8 4.1 -6.6 9.7 10.6

Mar 2011

7.6 2.2 9.0 20.0 9.6 -7.2 14.2 14.7

Apr 2011

4.5 -0.1 3.9 18.2 8.1 -3.2 9.2 14.2

May 2011

7.3 4.2 2.7 22.7 12.2 2.8 16.2 13.7

Jun 2011

5.0 2.1 2.8 19.3 5.8 0.5 5.0 8.3

Jul 2011

6.2 1.0 2.6 22.3 10.2 7.8 7.9 15.5

Aug 2011

7.4 0.3 5.1 23.8 18.1 13.3 11.4 16.9

Sep 2011

8.5 3.3 8.4 17.4 11.9 6.8 10.8 14.0

Oct 2011

5.5 -0.4 4.1 14.0 11.9 7.1 11.9 13.2

Nov 2011

6.2 -0.7 8.7 10.5 13.0 14.8 9.4 10.9

Dec 2011

5.7 3.3 3.7 9.2 13.1 9.3 13.5 8.4

Jan 2012

8.8 4.5 9.7 13.3 9.5 12.8 7.9 7.3

Feb 2012

11.8 7.6 17.2 12.1 15.6 20.4 10.0 35.2

Mar 2012

10.9 8.8 7.0 9.3 7.1 14.6 2.3 27.3

Apr 2012

10.3 9.8 9.3 5.9 6.2 13.1 7.8 14.3

May 2012

5.1 0.2 10.2 0.8 8.4 5.2 1.8 25.9

Jun 2012

8.6 7.9 5.9 3.8 8.7 4.9 9.7 22.1

Jul 2012

5.2 5.5 3.9 -1.0 3.8 -4.1 4.4 18.9

Aug 2012

2.5 3.9 2.5 -5.2 -3.6 -7.5 5.2 12.3

Sep 2012

3.0 4.5 0.5 -6.4 -2.5 -4.6 -3.7 12.4

Oct 2012

3.1 6.3 0.5 -6.9 -0.7 -6.2 0.7 14.4

Nov 2012

2.9 12.7 -5.0 -2.3 -0.7 1.8 -4.9 12.9

Dec 2012

8.2 17.5 5.4 -1.0 -2.5 4.5 0.7 -2.7

Jan 2013

3.9 14.1 1.4 -8.5 2.6 4.0 4.3 0.0

Feb 2013

2.3 16.6 -6.3 -7.8 -1.4 -0.3 0.4 -18.6

Mar 2013

1.7 14.2 0.1 -5.8 0.1 6.1 -3.9 -16.0

Apr 2013

1.2 11.6 1.1 -7.7 -3.2 -5.7 -8.6 -12.1

May 2013

2.6 12.4 -1.6 -3.5 -4.4 -0.8 -7.1 -20.6

Jun 2013

2.9 7.4 2.1 -0.4 -3.4 1.9 -6.4 -15.3

Jul 2013

2.1 6.4 -0.2 -0.2 -4.7 2.7 -10.0 -13.6

Aug 2013

-0.5 6.2 -3.0 0.4 -3.6 2.9 -11.8 -8.6

Sep 2013

1.1 10.5 -4.1 3.5 -1.2 1.8 -10.9 -13.5

Oct 2013

3.4 10.3 -1.6 3.1 -3.6 0.5 -13.5 -8.9

Nov 2013

7.9 10.3 1.3 0.8 -3.1 2.3 -10.3 -11.0

Dec 2013

8.2 5.4 0.8 1.4 3.2 -0.1 -9.6 5.3

Jan 2014

5.1 2.8 0.3 2.8 -1.6 -3.0 -8.0 1.6

Feb 2014

6.7 3.6 3.4 1.2 -6.3 -3.8 -11.8 2.7

Mar 2014

4.8 3.0 0.2 0.5 -3.6 -2.4 -6.9 2.2

Apr 2014

4.8 0.1 -2.9 3.7 1.9 5.2 -0.7 3.7

May 2014

5.0 4.3 1.9 2.1 -1.2 5.0 -0.3 6.6

Jun 2014

1.4 -1.1 -3.2 -2.3 0.4 1.8 0.5 3.7

Jul 2014

2.6 1.8 -1.6 -2.1 0.5 -0.7 3.3 -8.7

Aug 2014

6.7 3.1 1.7 0.1 3.9 -4.6 1.0 -5.0

Sep 2014

6.3 2.0 0.9 0.9 1.8 4.4 0.7 -1.4

Oct 2014

4.4 0.8 0.1 4.3 1.6 7.0 1.1 -5.8

Nov 2014

1.9 1.2 -0.7 -1.3 -1.8 -2.2 2.4 -5.8

Dec 2014

2.7 4.5 -0.2 -0.7 -2.0 4.4 0.2 -4.8

Jan 2015

2.3 8.6 -6.9 -1.7 -4.0 1.5 -8.3 -8.1

Feb 2015

-0.6 8.1 -9.7 0.2 -5.1 -0.8 -3.8 -10.2

Mar 2015

0.5 9.5 -4.5 -1.0 -7.8 -3.1 -7.8 -9.3

Apr 2015

-2.7 5.0 -6.2 -4.8 -13.8 -9.8 -14.7 -14.1

May 2015

-2.9 4.6 -8.0 -5.5 -13.1 -9.8 -14.5 -14.9

Jun 2015

-1.1 2.4 -5.2 -5.7 -14.2 -13.0 -14.9 -12.8

Jul 2015

-2.4 0.7 -6.5 -4.4 -14.2 -9.0 -16.2 -6.5

Aug 2015

-3.2 -1.5 -7.8 -5.4 -17.5 -10.3 -15.2 -10.7

Sep 2015

-7.2 -1.1 -8.3 -9.1 -17.0 -8.6 -14.6 -19.0

Oct 2015

-4.7 0.4 -5.0 -13.0 -15.6 -10.8 -11.3 -17.3

Nov 2015

-2.2 2.6 -4.8 -11.3 -11.5 -2.3 -12.9 -14.5

Dec 2015

-9.9 -9.9 -7.2 -8.4 -14.6 -11.7 -14.6 -18.5

Jan 2016

-4.3 -3.0 -2.5 -13.8 -11.0 -7.3 -9.1 -11.0

Feb 2016

-3.3 -2.2 -3.0 -11.7 -10.9 -6.7 -7.9 -16.3

Mar 2016

-6.3 -9.7 -7.6 -11.2 -4.9 6.5 -6.7 -15.0

Apr 2016

-0.2 0.3 -1.2 -12.4 -7.2 -1.7 -4.8 -12.4

May 2016

-0.5 -2.6 -4.1 -9.5 -10.2 -9.0 -6.1 -9.4

Jun 2016

-8.4 -7.4 -6.9 -4.6 -9.2 -7.1 -6.6 -10.7

Jul 2016

-8.3 -8.9 -6.8 -4.7 -9.9 -13.6 -5.7 -5.0

Aug 2016

-9.1 -8.4 -9.4 -4.1 -7.1 -9.9 -4.3 -5.1

Sep 2016

-0.8 -3.1 -7.4 -0.4 -6.7 -9.3 -6.4 3.4

Oct 2016

0.2 -0.3 -7.7 3.7 -3.0 -3.6 -5.7 8.0

Nov 2016

-6.0 -6.3 -11.7 8.4 1.4 -3.7 1.5 5.4

Dec 2016

-4.2 -4.4 -8.4 2.8 4.7 9.3 1.3 4.8

Jan 2017

-4.9 -5.6 -6.9 8.6 0.5 3.1 2.2 -0.7

Feb 2017

-4.2 -8.6 -4.2 8.0 2.7 10.5 -2.7 5.6

Mar 2017

-2.7 -5.9 -1.9 9.3 -0.5 -8.0 -1.7 7.0

Apr 2017

-9.1 -17.1 -5.2 12.7 -0.5 -5.7 0.2 8.6

May 2017

-6.9 -14.4 -2.4 8.3 1.9 0.9 -7.5 5.9

Jun 2017

-3.8 -11.9 2.3 6.8 2.2 -2.4 -4.2 4.8

Jul 2017

-2.6 -9.6 -1.3 5.8 4.3 2.8 -6.0 3.2

Export air passenger fares increased 4.3 percent from July 2016 to July 2017. Latin American and Caribbean fares (3.2 percent) and European (2.8 percent) export air passenger fares increased over the year, while Asian fares decreased 6.0 percent. 

These data are from the International Price program. Import and export prices are subject to revision for the first 3 months after they are originally published. Import air passenger fare indexes measure fares paid to foreign carriers by U.S. residents for international travel. Export air passenger fare indexes measure changes in fare prices paid to U.S. carriers by foreign residents for international travel. To learn more, see "U.S. Import and Export Prices — July 2017" (HTML) (PDF). See more charts on import and export price trends in Charts related to the latest "U.S. Import and Export Price Indexes" news release.

SUGGESTED CITATION

Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Import air passenger fares fall 2.6 percent over the year; export fares rise 4.3 percent on the Internet at https://www.bls.gov/opub/ted/2017/import-air-passenger-fares-fall-2-point-6-percent-over-the-year-export-fares-rise-4-point-3-percent.htm (visited September 15, 2019).

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