Passengers Paying $250 Less Per Ticket than Four Years Ago
Jan. 16, 2018 — CVG is again the lowest-fare airport in the region, after the U.S. Dept. of Transportation released its average airfare ranking for third quarter 2017.
CVG ranked #83 among the top 100 domestic airports, the best ranking achieved since the report was first published in 1995.
Overall, airfares at CVG have dropped 46 percent in the last five years.
“CVG has the lowest fares in the Tri-State because of the incredible positive response from the community,” said Candace McGraw, chief executive officer, CVG. “As our passenger traffic increases, and airline competition increases, airfares go down. CVG passengers are paying on average $250 less per ticket than they were four years ago.”
Below is a summary of the DOT report as it relates to CVG:
- CVG average fare ranked #83 compared to #44 in 3Q 2016, an improvement of 39 positions
- CVG average fare of $301 decreased 19% compared to $371 in 3Q 2016. National average fares decreased only 4%. CVG’s percentage decrease was nearly five times better than the national average.
- CVG ranked #83 – average fare $301
- Indianapolis (IND) ranked #61 – average fare $335
- Columbus (CMH) ranked #45 – average fare $353
- Louisville (SDF) ranked #21 – average fare $395
- Dayton (DAY) ranked #20 – average fare $400
- Lexington (LEX) ranked #10 – average fare $419
In 2017, and so far in 2018, CVG has launched 11 new routes (Providence/Boston, Raleigh/Durham, Los Angeles, San Diego, San Francisco, New York City, Miami, Minneapolis/St. Paul, Denver, Chicago, Baltimore/Washington), and announced an additional eight domestic routes (Charleston, Sarasota, Phoenix,, San Jose, Austin, San Antonio, Jacksonville, Raleigh/Durham), and new international service with WOW Air. All ill start in spring 2018.