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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.

These data are from the International Price program. To learn more, see "U.S. Import and Export Prices — December 2024." We also have more charts on import and export price trends, as well as fact sheets that explain more about measuring price changes for air passenger fares. Data may be revised in each of the 3 months after original publication.

SUGGESTED CITATION

Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Export air passenger fares rose 1.8 percent in December 2024 at https://www.bls.gov/opub/ted/2025/export-air-passenger-fares-rose-1-8-percent-for-the-year-ended-in-december-2024.htm (visited March 27, 2025).

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