CVG average airfare continues decline, down 13 percent year-over-yearJuly 26, 2017
The U.S. Department of Transportation released its average airfare ranking report for first quarter 2017. Below is a summary as it relates to the Cincinnati/Northern Kentucky International Airport (CVG):
- CVG average fare ranked #35 compared to #16 in 1Q 2016, an improvement of 19 positions
- CVG average fare of $386 decreased 13% compared to $441 in 1Q 2016. National average fares decreased only 5%. CVG’s percentage decrease was nearly three times better than national average.
- Fares decreased 28% compared to 1Q 2014
- Low-cost carrier capacity at CVG was 22% in 1Q 2017 compared to 14% in 1Q 2016
- Regional comparisons:
- Louisville (SDF) ranked #14 – average fare $423
- Lexington (LEX) ranked #16 – average fare $418
- Dayton (DAY) ranked #26 – average fare $397
- CVG ranked #35 – average fare $386
- Columbus (CMH) ranked #36 – average fare $385
In 2017, CVG has launched seven new routes (San Diego, San Francisco, New York City, Minneapolis/St. Paul, Denver, Chicago, Baltimore/Washington), and announced an additional nine routes (Providence/Boston, Miami, Seattle, Los Angeles, Austin, San Antonio, Jacksonville, Raleigh/Durham x2) that will start later this year and in spring 2018.
CVG offers more nonstop destinations than any airport in the region, including direct international service to Paris, Toronto, Cancun, Montego Bay and Punta Cana. CVGairport.com is your award-winning, travel-planning resource with flight status, security wait times, parking availability and weather.
CVG is one of the three global super-hubs for DHL, a top 10 cargo airport in North America and is recognized globally as a leading U.S. airport by SkyTrax World Airport Awards. CVG is the only airport in the country to receive Safety Act Designation and Certification from the Department of Homeland Security (DHS), giving the airport the highest level of protections under the Act.