Air travelers are finally getting a break on fares. The U.S. government says the average airfare dropped nearly 8% in July compared with June, to $311. The bad news: That's still almost 28% higher than last July.
FILE - A passenger passes by a sign for the Transportation Security Administration's TSA PreCheck line in Terminal A at Logan Airport in Boston, Monday, June 27, 2016. Air travelers are finally getting a break on fares. The government said Wednesday, Aug. 10, 2022, that the average airfare dropped nearly 8% in July compared with June, to $311.
DALLAS — Travelers got some welcome news in Wednesday’s inflation report from the government: Airfares are coming down, and at a faster clip.
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