Published December 17, 2013
Air fares (domestic and international combined) averaged $254.80 in the third quarter, down 0.2% from the same quarter of 2011.
The average domestic air fare paid by passengers was $192.10 in the third quarter, up 3.9% from the same quarter a year earlier. The average international air fare was $343.30 in the third quarter, down 4.3%.
Average domestic air fares rose in 9 of the 10 selected Canadian cities of enplanement in the third quarter compared with the third quarter of 2011.
The cities recording the largest year-over-year quarterly increases in average domestic air fares in the third quarter were Edmonton (+8.5%), Saskatoon (+7.9%) and Halifax (+6.9%). The only decline occurred in Montréal (-0.3%).
In the third quarter, domestic air fares averaged $212.50 in Toronto, the highest level, followed by Vancouver ($210.30) and Saskatoon ($192.10).
Fourth quarter 2012
Air fares (domestic and international combined) averaged $241.20 during the fourth quarter, down 3.2% from the fourth quarter of 2011.
The average domestic air fare paid by passengers was $195.10 in the fourth quarter, up 0.2% from the same quarter a year earlier. The average international air fare was $307.10 in the fourth quarter, down 5.9%.
Average domestic air fares rose in 7 of the 10 selected Canadian cities of enplanement in the fourth quarter compared with the fourth quarter of 2011.
During the fourth quarter, the largest year-over-year quarterly increases in air fares occurred in Edmonton (+6.0%), followed by Regina (+3.6%) and Saskatoon (+3.2%).
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Would it be safe to suggest that either the airports need further competition (Porter Air/ Canada Jetlines) or increased capacity to mitigate the increased cost of airfares?