Holding Steady; LGB Maintains Lowest Airfares In California For Third Consecutive Quarter
2012-05-21 · By Editor
For the third consecutive quarter, Long Beach Airport (LGB) has the lowest average airfare in California and the second lowest in the continental United States, according to the U.S. Department of Transportation. The average round-trip domestic airfare at LGB was $229 during the fourth quarter of 2011, compared to the national average of $368 during the same period.
“There are a lot of great changes happening at the Long Beach Airport – a new parking structure, and a new concourse on the way. But one thing that hasn’t changed is that LGB is a very economical airport, with excellent service and a wide range of destinations,” Mayor Bob Foster said.
LGB had the third largest decrease in the country in average airfares from the third quarter to the fourth quarter, 2 percent, which also was the largest decrease in the state of California. The average fare at U.S. airports increased 2.1 percent in the same time period.
“Long Beach Airport is consistently working toward providing service above expectations and making sure our customers get the best bargain is a big part of it,” said Airport Director Mario Rodriguez.
On a year-to-year basis, Long Beach Airport experienced a 2 percent drop in the price of airfares from the fourth quarter of 2010 to the fourth quarter of 2011, while the average airfare price rose 10 percent nationally. Again, LGB had the third largest decrease nationally, and the largest decrease in California.
The study also looked at airfares over the long term, and concluded that the average airfare at LGB decreased 23.7 percent in the fourth quarter of 2011, compared to the same quarter in 2000, while the national average increased 8.3 percent. LGB’s decrease was third largest decrease nationally, and the largest decrease in California.
The study was conducted by the U.S. Department of Transportation’s Bureau of Transportation Statistics. Fares were based on the total ticket value including taxes and fees at time of purchase price, but did not include other fees such as baggage fees paid at the airport or aboard the plane. The calculations did not include airports in Alaska, Hawaii, or Puerto Rico. For more information, visit http://1.usa.gov/JaTdO3
About Long Beach Airport:
Long Beach Airport (LGB), located in Long Beach, CA, was founded in 1923, making it the oldest municipally owned airport in California. Throughout its 89-year history, LGB has been a source of substantial economic activity and business opportunities, as well as a leader in maintaining a sustainable environment. LGB, its tenants, and users are committed to operating in an environmentally responsible manner by minimizing the impact of business on the environment and surrounding community with methods that are socially responsible, scientifically based and economically sound. LGB hosts four airlines offering non-stop service to 14 U.S. cities and serving over 3 million commercial airline passengers annually while supporting a healthy general aviation community with more than 300,000 annual operations. As a center for air cargo carriers, more than 41,000 tons of cargo is transported via LGB annually. For more information please visit www.lgb.org.