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Airports with the largest worth hikes over the previous yr

admin by admin
August 25, 2023
in Financial News
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Airports with the largest worth hikes over the previous yr
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Revenge journey is extracting a toll on individuals’s wallets. As many have targeted on rising mortgage charges and automotive costs, the price of journey has quietly and steadily climbed at main airports across the nation.

Nowhere has this been felt greater than in Miami, which has seen the typical home airfare leap simply over 31% up to now yr, from $281.04 within the first quarter of 2022 to $368.31 within the first quarter of this yr, based on new knowledge compiled by SmartAsset.

On common, airfares have been up 16% nationwide in that interval (with just a few exceptions)—and of all of the airports with 100,000 or extra passengers that the survey checked out, just one noticed a worth lower yr over yr: Kahului Airport in Hawaii.

Miami noticed the greatest will increase, however any journey to or from Florida got here at a little bit of a premium. Southwest Florida Worldwide Airport in Fort Myers and Tampa Worldwide additionally made the highest 15.

New York Metropolis noticed some steep will increase as properly, with the typical outbound ticket costing 20% greater than final yr, on common.

Right here’s a take a look at how notable the airfare will increase have been on the high 15 airports:

Miami Worldwide – 31.05%

Southwest Florida Worldwide (Fort Myers) – 25.81%

Gerald R. Ford Worldwide (Grand Rapids, Mich.) – 22.52%

Cleveland-Hopkins Worldwide – 21.55%

Philadelphia Worldwide – 21.53%

John F. Kennedy Worldwide (New York, NY) – 21.29%

Minneapolis–St. Paul Worldwide – 21.16%

Newark Liberty Worldwide – 20.85%

Tampa Worldwide – 20.61%

Ronald Reagan Washington Nationwide – 20.58%

Will Rogers World (Oklahoma Metropolis) – 20.24%

LaGuardia (New York, NY) – 19.71%

St. Louis Lambert Worldwide – 19.66%

Dallas/Fort Value Worldwide – 19.54%

Hartsfield-Jackson Atlanta Worldwide – 19.53%



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