News
Australia’s airfares remain above pre-COVID-19 prices reports competition watch dog
March 9th 2023
Discount airfares for domestic travel in Australia declined 34% in January from a record 15-year high in December, an Australian Competition and Consumer Commission (ACCC) Airline Competition in Australia report documents. Read More » But revenue per passenger for the month, a measure of average prices across all domestic fare types, was 13% above 2019 pre-pandemic levels. “While it is positive to see airfares fall from the record highs of 2022, passengers are generally paying more to fly today than they were before the pandemic,” ACCC Commissioner, Anna Brakey, said. “Airfares typically come down after the Christmas travel peak due to a seasonal decrease in demand. However, some of this reduction is explained by airlines increasing seat capacity.”
