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For the first time since July 2014, airport rates were up back-to-back months: in April at $0.59 and in May at $3.79. Denver had the highest average quote at $66.82 while San Diego had the lowest rate at $34.17.
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For the first time in five months, April airport rates were up — up $0.59 overall. The Northeast continued its large year-over-year declines while the Southeast, Southwest, and Northwest were up in the $4 to $5 range.
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In March, the average airport rate quote was only down 81 cents from March 2015, according to The Tennant Group and Rate-Highway’s 50-City rate survey. The Northeast region declined $11.71 year-over-year while the Midwest, Southwest, and Northwest regions were all up.
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In February, the average airport rate quote was only down $1.42 (2.8%) from February 2015, according to The Tennant Group and Rate-Highway’s 50-City rate survey. Rates in the Northwest and Midwest regions were up, while the Northeast was down $9.82.
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In January, all five regions experienced drops in airport rates, but the Southeast and Northeast were both down by double digits, according to The Tennant Group and Rate-Highway’s 50-City rate survey. The average rate for January was down $6.11.
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In December, the average rate quotes were flat the first two weeks but dropped an average of $12 during the last two weeks of the month, according to The Tennant Group and Rate-Highway’s 50-City rate survey. The average rate for 2015 is down $4.22 from 2014.
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The November 2015 average airport rate quote was up $1.31 from a year ago, according to The Tennant Group and Rate-Highway’s 50-City rate survey. This is only the fourth year-over-year increase since the 50-city survey started in June 2014.
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The October 2015 average rate quote decreased $1.60 from last year, but it’s the smallest decrease in several months, according to The Tennant Group and Rate-Highway’s 50-City rate survey. The rate quotes slightly increased during the last two weeks of October.
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The September 2015 average rate quote decreased $5.92 from last year, according to The Tennant Group and Rate-Highway’s 50-City rate survey. All five U.S. regions saw a drop in rates.
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The August 2015 average rate quote decreased $5.29 from last year, according to The Tennant Group and Rate-Highway's 50-City rate survey. The quotes have been down an average of $2.93 in the past year.
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