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Richard Anderson
Average domestic air fare -- $391 -- is the highest since 1995
Average domestic air fare -- $391 -- is the highest since 1995

The nation's airline industry continued to enjoy strong financial data with fresh government statistics showing that the average domestic air fare for 2014 was $391, the highest fare since the federal government began tracking the data in 1995. But the higher fares are not diminishing the demand for air travel. A new survey shows that the percentage of U.S. travelers expecting to fly this year is up three percentage points over last year, with many planning to travel abroad. The data released Tuesday by the U.S. Bureau of Transportation Statistics were only the latest good news for the airline industry. Most of the biggest carriers reported record profits for the first...

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