Yes you read the title right. airline tickets are cheaper than ever before. We might feel like we are paying more these days and complain about the cheap, no-frills experience but what do you want and how much are you willing to pay for it? Bottom line is this: tickets are on the rise, pilot pay is at an all time low with some companies asking for more concessions and the airplanes have never been this full. Can the ticket prices get any higher?
Unfortunately, maybe. Even my buddy passes have either disappeared or are impossible to use because of the high load factors.
In 1974, it was illegal for an airline to charge less than $1,442 in inflation-adjusted dollars for a flight between New York City and Los Angeles. On Kayak, just now, I found one for $278.