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Export air passenger fares rose 1.8 percent in December 2024
January 27, 2025
Export air passenger fares rose 1.8 percent for the year ended in December 2024, due in part to a 7.3-percent increase in European fares and a 2.9-percent increase in Latin American/Caribbean fares. Import passenger fares also rose, increasing at a rate of 1.0 percent over the past 12 months.
12-month percent changes in import and export air passenger fares, December 2020 to December 2024
Month
Import air passenger fares
Import Europe
Import Asia
Import Latin America/Caribbean
Export air passenger fares
Export Europe
Export Asia
Export Latin America/Caribbean
Dec-20
-16.4
-32.9
30.9
-34.9
4.4
-2.2
27.2
-11.5
Jan-21
-13.6
-36.3
45.2
-33.4
8.0
2.2
37.3
-12.2
Feb-21
-12.2
-32.5
49.9
-38.8
13.5
9.9
48.4
-16.6
Mar-21
-6.2
-20.9
47.1
-34.4
16.7
9.6
54.3
-15.5
Apr-21
8.0
8.9
27.8
-23.3
26.9
28.1
51.7
-2.5
May-21
13.5
6.9
51.2
-7.6
25.2
35.3
33.0
-0.9
Jun-21
16.3
7.8
46.5
8.7
26.9
25.0
36.7
11.3
Jul-21
22.3
25.3
35.3
14.7
30.2
29.9
45.6
14.8
Aug-21
14.8
19.4
10.7
12.7
28.3
31.3
39.6
13.5
Sep-21
15.1
22.2
-2.6
3.1
10.5
30.0
0.2
5.0
Oct-21
9.3
20.4
-8.4
-3.5
12.4
26.1
22.5
-7.0
Nov-21
9.8
26.0
-16.6
2.8
-1.0
12.2
-16.9
-0.7
Dec-21
11.1
25.0
-14.9
33.4
11.9
13.6
14.5
9.6
Jan-22
-5.2
22.3
-30.9
6.3
8.4
9.4
2.7
17.1
Feb-22
-1.3
18.0
-13.9
10.4
1.0
-2.1
12.8
4.6
Mar-22
11.2
26.2
2.2
26.0
9.8
10.2
16.7
18.3
Apr-22
14.2
26.5
14.2
20.3
9.7
12.0
9.0
16.9
May-22
12.2
34.2
7.5
8.6
14.6
14.9
20.8
23.1
Jun-22
12.8
31.3
4.7
17.1
12.0
17.4
13.0
18.2
Jul-22
11.6
22.6
9.3
17.5
12.1
15.4
8.0
22.0
Aug-22
7.0
12.8
12.6
20.3
7.7
9.4
5.9
24.0
Sep-22
7.1
15.5
20.5
22.7
13.8
15.0
13.5
27.3
Oct-22
13.4
16.5
20.0
34.8
14.6
10.9
11.5
33.5
Nov-22
12.4
8.3
20.1
39.8
13.9
7.4
19.9
33.5
Dec-22
13.4
12.9
20.7
20.4
7.7
1.6
7.9
23.0
Jan-23
23.2
21.8
30.1
43.5
12.4
8.4
10.3
21.5
Feb-23
18.6
15.1
8.8
52.8
9.2
9.0
-7.6
34.3
Mar-23
11.3
7.0
-0.6
42.5
8.5
3.6
-17.5
34.9
Apr-23
1.5
2.2
-5.0
25.2
9.1
2.4
4.3
21.8
May-23
6.3
10.7
-6.6
20.2
0.4
4.0
0.9
5.1
Jun-23
6.2
13.0
-8.0
2.9
4.2
15.1
5.9
2.8
Jul-23
-3.5
3.8
-13.6
-3.9
0.2
8.6
3.6
-2.3
Aug-23
-8.0
-1.1
-16.3
-4.9
-6.4
6.6
-6.1
-8.8
Sep-23
-3.4
1.1
-12.6
-0.5
-7.2
1.8
-6.8
-6.3
Oct-23
-5.2
-2.6
-6.7
-2.8
-6.2
2.4
-4.6
-8.9
Nov-23
-5.1
-4.5
-2.6
-6.6
-5.2
-3.5
-8.4
-4.4
Dec-23
-4.2
-0.9
-4.0
-11.0
-5.3
-4.3
-5.8
-7.1
Jan-24
2.6
-0.7
-5.1
-10.3
-6.6
-3.8
-4.0
-7.1
Feb-24
0.5
3.6
-7.3
-13.2
-2.7
-2.9
-8.9
-4.1
Mar-24
-1.1
0.5
0.8
-12.0
-4.9
-0.5
4.1
-12.1
Apr-24
5.9
2.5
-3.5
-15.0
-5.1
-1.3
-1.9
-11.1
May-24
-1.6
-4.0
-7.0
-9.0
-2.5
-1.9
-6.1
-11.6
Jun-24
-2.5
-7.4
-5.3
-7.0
-1.3
-3.8
-7.4
-7.5
Jul-24
-4.7
-8.7
-10.8
-6.3
-4.7
-7.6
-10.1
-7.9
Aug-24
-2.8
-6.0
-8.9
-4.9
-4.0
-8.1
-11.1
-4.3
Sep-24
0.7
-1.1
-9.9
-4.3
-0.9
-6.8
-13.2
-1.5
Oct-24
2.1
-4.5
-13.0
-3.4
0.3
-3.2
-13.0
-0.1
Nov-24
-2.4
3.1
-10.9
-5.3
-1.8
2.7
-11.6
-5.8
Dec-24
1.0
6.6
-5.7
-0.1
1.8
7.3
-12.7
2.9
Note: Data may be revised in each of the 3 months after original publication.
Import air transportation price data measure payments to foreign carriers by U.S. residents for international air transportation services. Export air transportation price data measure payments to U.S. carriers by foreign residents for international air transportation.
United States Department of Labor
