Price for plane tickets hits record high

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Price for plane tickets hits record high

Postby Greg on Wed Oct 29, 2008 4:25 pm

Average U.S. air fares jumped 8.1 percent in the second quarter to their highest level since the government started keeping track 13 years ago.

The Transportation Department said Wednesday that the average domestic itinerary fare in the second quarter rose to $352, breaking the record of $348 set in the first quarter of 2001.

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