February 21, 2019

IT'S IMPOSSIBLE TO OVERSTATE DEFLATION:

Domestic airfares hit a record low, but fees help airlines make healthy profits (HUGO MARTIN, FEB 21, 2019, LA Times)

In the July-through-September quarter of last year, the average domestic airfare was $343, according to data released Thursday. Adjusted for inflation, that's the lowest average price in any quarter since the U.S. Bureau of Transportation Statistics began keeping track in 1995.

thanks, Ted!

Posted by at February 21, 2019 5:55 PM

  

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