LOS ANGELES — The average U.S. airfare dropped to $377 last year, its lowest level since 2010 and down nearly 4 percent from 2014.
Adjusted for inflation, it was down 3.8 percent from the 2014 price of $392, according to the U.S. Department of Transportation’s Bureau of Transportation Statistics.
Industry experts attribute the decline in airfares to lower fuel costs and strong competition from low-fare airlines.
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