Originally Posted by
dhuey
Did this econ/finance prof. at Michigan get his numbers wrong?
I don't think anybody is too nostalgic for the airfares of yesteryear, which were 66% higher in 1993 at an average ticket price of $541 (in 2010 dollars) compared to today's average air fare of only $326. That's an average savings today of $215 per flight compared to the average airfare in 1993, and an average savings of more than $100 per flight compared to the average airfare in the 1990s (1993-1999, data here and here).
http://mjperry.blogspot.com/2010/08/...ever-been.html
Well, these are 2010 fares. Compare them to 2013 fares. Heck, compare late-2013 fares to late-2012 fares. No, don't, it's depressing. Time for a Bailey's--but that's another thread.