In September, the average price of a domestic ticket was $119 for a 1,000-mile trip and $409 for a 4,000-mile trip -- about 18 percent cheaper than in September 2000 -- according to the ATA.
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A flight in 1963 cost $43 ($340 with inflation), and about $360 in 2015. The most expensive an average ticket has ever been was in 2000, when a ticket cost $409 ($581 with inflation).
The cost of airfare in the US has dropped in the past 10 years, after adjusting for inflation. The average domestic flight costs $359 today, while in 2010, the average price was $336, or $392 in today's dollars.
According to data from the U.S. Department of Transportation (DOT), the average domestic roundtrip base airfare in 1990 cost $288 or $554 in today's dollars.
Very expensiveIn the 21st century, air travel is relatively cheap, but in the 1950s, you could expect to pay 40% or more for the same ticket you buy today. A ticket on TWA in 1955 from Chicago to Phoenix, for example, cost $138 round-trip. Adjusted for inflation, that's $1,168.
Back in 1975, things were simple. All fares were refundable and bundled with a plethora of services. According to a contemporary edition of the OAG North American Edition, the cheapest unrestricted one-way flight on American Airlines cost $138 including taxes.
The average round-trip airfare in 2013 (through Q3) was $383.32, an increase of less than $2 (and less than 0.50%) from the average fare in 2012 of $381.56.
Technical, financial, and regulatory hurdles make a return to the skies extremely unlikely. Concorde is an aircraft that captures the imagination and is instantly recognizable even to non-aviation fanatics.
About ConcordeWith a take-off speed of 220 knots (250mph) and a cruising speed of 1350mph – more than twice the speed of sound - a typical London to New York crossing would take a little less than three and a half hours, as opposed to about eight hours for a subsonic flight.
Fares were also much higher. According to Simons, a transatlantic flight ticket in the early 1960s would cost around $600, which is about $5,800 in today's money. Nevertheless, nostalgia for the period abounds, and Pan Am in particular is still remembered fondly as the pinnacle of the air travel experience.