Close sidebar

Domestic airfares higher in September

written by australianaviation.com.au | September 15, 2015
Australia's domestic carriers at Sydney Airport. (Seth Jaworski)
Australia’s domestic carriers at Sydney Airport. (Seth Jaworski)

Domestic fares were higher in all categories in September, with travellers paying more for seats at both the pointy end and down the back of the plane.

The Bureau of Infrastructure, Transport and Regional Economics (BITRE) monthly measure of domestic airfares showed the best discount, restricted economy and business class fares were all up in September compared with the prior year.

The index measuring best discount domestic fares was at 68 index points in September 2015, compared with 61.2 points in the same month a year earlier.

Advertisement
Advertisement

Meanwhile, the restricted economy index was at 80.4 points in September, compared with 76.9 points in the prior corresponding period.

And premium fares have also increased, with the BITRE index for business class at 90.5 points, up from 85.9 points a year ago.

Rising ticket prices have come as Australia’s two major airline groups, Qantas and Virgin Australia, have reported improving yields – or average airfares per passenger – in recent times amid slower capacity growth in a still subdued local market.

And capacity reductions at both Qantas Domestic and Virgin helped both airlines reduce the level of discounting that had been present in recent years in an effort to fill flights.

PROMOTED CONTENT

Qantas said in its most recent traffic figures published on September 1 yields at both Qantas domestic and Jetstar domestic were higher in July, compared with the prior corresponding period, amid improved load factors and flat capacity growth.

Meanwhile, Virgin’s full year results presentation noted yields for its domestic operations rose 5.2 per cent during 2014/15 financial year.

Steer your own in-flight experience – available on print and digital Whether our classic glossy magazine in your letterbox, daily news updates in your inbox, peeling back a few layers in the podcast or our monthly current affair reports, you can count on us to keep you up to date. Sign up today for just $99.95 for more exclusive offers here. Subscribe now at australianaviation.com.au.

2 Comments

  • Ben

    says:

    Footy finals always see prices jump…..

  • Tony

    says:

    @Ben

    Footy finals should have been around the same time previous year so the jump in prices would have been accounted for in the previous Septemeber figures from BITRE meaning the increase should not be due to footy finals.

Leave a Comment

Your email address will not be published. Required fields are marked *

Domestic airfares higher in September

written by australianaviation.com.au | September 15, 2015
Australia's domestic carriers at Sydney Airport. (Seth Jaworski)
Australia’s domestic carriers at Sydney Airport. (Seth Jaworski)

Domestic fares were higher in all categories in September, with travellers paying more for seats at both the pointy end and down the back of the plane.

The Bureau of Infrastructure, Transport and Regional Economics (BITRE) monthly measure of domestic airfares showed the best discount, restricted economy and business class fares were all up in September compared with the prior year.

The index measuring best discount domestic fares was at 68 index points in September 2015, compared with 61.2 points in the same month a year earlier.

Advertisement
Advertisement

Meanwhile, the restricted economy index was at 80.4 points in September, compared with 76.9 points in the prior corresponding period.

And premium fares have also increased, with the BITRE index for business class at 90.5 points, up from 85.9 points a year ago.

Rising ticket prices have come as Australia’s two major airline groups, Qantas and Virgin Australia, have reported improving yields – or average airfares per passenger – in recent times amid slower capacity growth in a still subdued local market.

And capacity reductions at both Qantas Domestic and Virgin helped both airlines reduce the level of discounting that had been present in recent years in an effort to fill flights.

PROMOTED CONTENT

Qantas said in its most recent traffic figures published on September 1 yields at both Qantas domestic and Jetstar domestic were higher in July, compared with the prior corresponding period, amid improved load factors and flat capacity growth.

Meanwhile, Virgin’s full year results presentation noted yields for its domestic operations rose 5.2 per cent during 2014/15 financial year.

Steer your own in-flight experience – available on print and digital Whether our classic glossy magazine in your letterbox, daily news updates in your inbox, peeling back a few layers in the podcast or our monthly current affair reports, you can count on us to keep you up to date. Sign up today for just $99.95 for more exclusive offers here. Subscribe now at australianaviation.com.au.

2 Comments

  • Ben

    says:

    Footy finals always see prices jump…..

  • Tony

    says:

    @Ben

    Footy finals should have been around the same time previous year so the jump in prices would have been accounted for in the previous Septemeber figures from BITRE meaning the increase should not be due to footy finals.

Leave a Comment

Your email address will not be published. Required fields are marked *

Each day, our subscribers are more informed with the right information.

SIGN UP to the Australian Aviation magazine for high-quality news and features for just $99.95 per year