U.S. government domestic airfare data published a few weeks ago showed a deepening downward trend. A few Wall Street analysts and Delta CEO Ed Bastian said that information did not reflect market realities. But data from several other airfare benchmarking sources, including a trio of corporate travel data handlers, formed a consensus: despite solid demand and tight supply, U.S. airfares continued falling.
The U.S. Department of Labor's Consumer Price Index showed an 8.1 percent decline for airfares in June versus May . . .