Facebook Twitter

MIDMONTH SALE MAY BRING DROP IN AIR-TRAVEL COST

SHARE MIDMONTH SALE MAY BRING DROP IN AIR-TRAVEL COST

The cost of air travel is expected to decline slightly this week, the result of a mid-month fare sale.

The Dow Jones Leisure Fare Index fell $10, or 2.5 percent, to $383 for the week of Feb. 26. Meanwhile, the Dow Jones Business Fare Index slipped $5, or less than 1 percent, to $804.The indexes are intended to represent the costs of typical tickets for business or leisure air travel. They reflect the lowest available fares for midweek departures on selected major routes. Business fares don't require a Saturday night stay; most leisure fares do.

The cost of business travel remains lower than it was at the start of 1996, while leisure travel is more expensive. The business fare index has dropped 6 percent so far this year from $856 in early January. The leisure index is up 19 percent from where it started the year, at $321.