Upward Climb of Airfare on U.S. Consumer Price Index Has Ended

From Business Travel News:

The average airfare paid in the U.S. declined 2.7 percent from March to $267.48 in April, the largest decline in more than four years, according to the Department of Labor's Consumer Price Index. The drop ended three consecutive months of month-over-month increases. April's average airfare represented a 6.9 percent year over year fall in the index, which largely measures discounted economy fares and specifically excludes flights for business travel.