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Airline fares fall back again

Jun. 12, 2018 8:57 AM ETSouthwest Airlines Co. (LUV) StockJBLU, LUV, ALK, SKYW, ALGT, HA, DAL, UAL, SAVE, AAL, JETSBy: Clark Schultz, SA News Editor4 Comments
  • U.S. airline fares fell 1.9% M/M in May to mark the second consecutive month of a sharp drop.
  • The average fare during the month was 6.6% lower than the level from a year ago on an unadjusted basis.
  • The airline fare price index can be influenced significantly by increased competition in just a few key markets.
  • The drop in fares from a year ago coincides with higher labor costs and fuel costs for most carriers.
  • Related stocks: LUV, UAL, DAL, AAL, JBLU, ALK, HA, SAVE, ALGT, SKYW.
  • Related ETF: JETS.
  • BLS CPI data

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