Where every penny of your airfare actually ends up [Yahoo! Finance]
INTL CONSL AIRLNS S/ADR (ICAGY)
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Source: Yahoo! Finance
According to the latest inflation figures from the Office for National Statistics, the cost of a typical airfare jumped some 30 per cent year-on-year this summer. In fairness, number-crunchers have been quick to attribute much of that dramatic rise to the timing of the school holidays . But given the backdrop faced by airlines – not least the rising fuel costs and the push towards higher taxes on flying – a jump in prices should hardly be surprising. Where exactly is your money going when you purchase a flight ticket? Let's examine a return journey from Heathrow to JFK, the world's busiest long-haul route. Looking at a typical economy fare for this November, you can expect to pay somewhere in the region of £350 – prior to bags and seat selection – if you're travelling with one of the major carriers. A breakdown of a real ticket (£357 with Virgin Atlantic, 10-17 Nov) provided by aviation analysts OAG shows exactly where that money goes. And it doesn't make for a pretty picture.
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