Albany, NY (January 4, 2000) --- Airfares at Albany International Airport
decreased by 22.5 percent during the second quarter of 2000 compared to the
same period in 1999. The figures were released by the U.S. Department of
Transportation, which monitors the cost of flying at the nation's airports.
The average fare from Albany International Airport dropped from $186 to $144
in second quarter of 2000, the period during which Southwest Airlines began
operating at Albany. During that same period, passenger traffic at the
Airport increased by 22 percent.
The report showed Albany with lower fares than all the other upstate
airports, Buffalo, Rochester and Syracuse.
"This is clear evidence that the presence of Southwest Airlines has
stimulated competition and reduced the cost of flying from Albany
International Airport," said Reverend Michael A. Farano, Chairman of the
Albany County Airport Authority. "The lower fares have resulted in
considerable savings to the businesses that depend on air travel and to
families that are first-time or frequent flyers."
The DOT quarterly report showed the Albany-Baltimore flight with the most
significant fare reduction. The price of a one-way ticket to Baltimore
dropped to an average of $63, a decreased of 69 percent. During the same
period in 1999, a ticket from Albany to Baltimore cost an average of $204.
"The increased competition has resulted in all airlines at the Airport
benefiting from the boost in passenger traffic and the lower fares continue
to draw passengers from as far away as 150 miles," said Rev. Farano. "2000
will be a record-breaking year for the Airport."
The average one-way fare from Albany to Los Angeles dropped from $333 to
$184, a savings of 45%. Fares were also lower on other popular routes
including Albany-Chicago, Albany-Orlando, Albany-Tampa, Albany-Las Vegas and
Albany-Atlanta.
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