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Once Most Expensive, CVG Airfares Fall To 22nd

Posted On April 27, 2016

By Mike Perleberg

cvg-cincinnati-airport-concourse-04252016

Concourse at Cincinnati-Northern Kentucky International Airport. Photo by Mike Perleberg, Eagle Country 99.3.

(Hebron, Ky.) – Cincinnati airline tickets are still some of the most expensive in the country, but the cost of flying from here is becoming much cheaper.

Cincinnati-Northern Kentucky International Airport has been rated one of the 25 most expensive airports to fly out of for at least 20 years. However, the federal Bureau of Transportation Statistics’ report on airfares at the country’s 100 largest airports in the fourth quarter of 2015 ranks CVG at 22nd.

“The significant improvement in CVG’s average airfare position compared to other U.S. airports is a big win for both the airport and the community,” said CVG CEO Candace McGraw.

While still in the upper share of most expensive airports, it’s a far cry from topping the list as CVG often did for many years. The decline has been due to the growth of low-cost airlines such as Allegiant Air and Frontier Airlines. Low-cost carriers provide service to 23 of the airport’s 53 nonstop destinations, McGraw said.

Delta Air Lines remains the airport’s busiest carrier, but has significantly reduced flights to and from Cincinnati over the past several years.

CVG’s average airfare in the fourth quarter was $411, still higher than the national average of $363. The airport’s average cost is down $74 from two years ago, according to the federal data.

“Lower fares are stimulating strong traffic growth at CVG. Our 4th quarter local traffic grew year-over-year by 16 percent and that growth has continued into the first half of 2016,” McGraw said.

Louisville and Dayton airports were just four or five dollars more expensive than CVG. Airports in Indianapolis and Columbus were cheaper with $364 and $378 average fares, respectively.