Air travelers benefit from robust airline industry competition

Consumers can credit robust competition for driving the airline industry’s unprecedented levels of affordability and accessibility. Over the past decade, domestic fares have fallen 24%, adjusted for inflation and including ancillaries, and airfares today remain 16% below pre-pandemic levels. US airlines are proud of the industry’s record on consumer choice and competitive fares, which have made air travel an indispensable freedom enjoyed by the vast majority of Americans.