A new report from SmartAsset says DFW International Airport has entered among the nation's top 15 highest airfare prices.
, and it could be partially due to a lack of competition, Rick Seaney, CEO of FareCompare said.
“More than 85 percent of all flights in Dallas are Southwest and American Airlines,” Seaney said. “So we’re basically saying they’re raising their ticket prices. That’s generally a function of higher demand and that people didn’t fly for about two or three years during and after the pandemic.”The average ticket out of Dallas Love Field, which is dominated by Dallas-based Southwest Airlines, was $339 in the first quarter, up about 13% from a year ago, according to data from the U.S.
“Throughout the last 18 months, we’ve heard really consistently that travelers don’t feel like prices are as low as they were before,” Berg said. “Part of that is their own fault. People are consistently booking travel much closer to departure than they have in years. That means they are missing, in many cases, the lowest prices that might be available on a route.”can save travelers money, Seaney said more traditional methods are the safest way for people to keep more money in their wallets.
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