Cincinnati tops for airline price increases
Delta Air Lines' troubles and higher fuel costs helped push Cincinnati to the top of a ranking that measures changes in air fares over the year.
The Cincinnati/Northern Kentucky International Airport had the higher jump in fares — 26 percent — for the fourth quarter of 2005, compared with the same quarter in 2004. It was followed by Greensboro/High Point, N.C., with 19 percent; Grand Rapids, Mich., with 18 percent; Dayton with 16.9 percent; and Atlanta with 16.3 percent.
For the 10-year period from 1995 to 2005, Cincinnati ranked 35th of 85 airports for fare increases, with a 17.3 percent jump over the decade.
Airport officials, in published reports, said the quarterly increase was due to the reduction in service instituted by bankrupt Delta (Pink Sheets: DALRQ) in December, with fewer flights resulting in higher fares. The 28 percent rise in the cost of jet fuel also contributed to the fare hike.
Atlanta-based Delta and local commuter airline Comair, a Delta subsidiary, account for about 90 percent of the flights from the Cincinnati/Northern Kentucky International Airport.
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