Department of Labor Logo United States Department of Labor
Dot gov

The .gov means it's official.
Federal government websites often end in .gov or .mil. Before sharing sensitive information, make sure you're on a federal government site.

Https

The site is secure.
The https:// ensures that you are connecting to the official website and that any information you provide is encrypted and transmitted securely.

Import air passenger fares fall 9.6 percent over the year ending January 2020

February 25, 2020

Import air passenger fares declined 9.6 percent for the 12 months ended January 2020. European (−9.6 percent) and Asian (−5.0 percent) import air passenger fares were down over the year, while Latin American and Caribbean fares increased 0.5 percent. 

12-month percent changes for air passenger fares, January 2020
Description Imports Exports

All fares

-9.6% -1.2%

Europe

-9.6 -7.5

Asia

-5.0 1.1

Latin America/Caribbean

0.5 4.5

Export air passenger fares decreased 1.2 percent from January 2019 to January 2020. Latin American and Caribbean fares (4.5 percent) and Asian (1.1 percent) export air passenger fares increased over the year, while European fares decreased 7.5 percent. 

These data are from the International Price program. To learn more, see "U.S. Import and Export Prices — January 2020." See more charts on import and export price trends. 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. 

SUGGESTED CITATION

Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Import air passenger fares fall 9.6 percent over the year ending January 2020 on the Internet at http://www.bls.gov/opub/ted/2020/import-air-passenger-fares-fall-9-point-6-percent-over-the-year-ending-january-2020.htm (visited August 04, 2020).

OF INTEREST
spotlight

Recent editions of Spotlight on Statistics

triangle