Australian domestic airfares for business class and the most restrictive economy tickets fell in August, new figures show. The Bureau of Infrastructure, Transport and Regional Economics (BITRE) measure of domestic business class airfares was at 92.7 index points in August, down from 94.4 points a year earlier. This content is available exclusively to Australian Aviation
Air New Zealand says it is optimistic about the year ahead as the competitive environment eases after reporting a 17.5 per cent decline in full year profit in 2016/17 as it battled the arrival of new entrants into its home market. Net profit for the 12 months to June 30 2017 came in at NZ$382
Jetstar plans to resume nonstop services between Australia and China with twice weekly flights to Zhengzhou in partnership with a Chinese travel company. The flights will commence in December 2017 with 335-seat Boeing 787-8 equipment, Jetstar said on Wednesday. The exact start date was not disclosed. This content is available exclusively to Australian Aviation members.
The Samoan government says its new airline will offer flights from Apia to Auckland, Brisbane and Sydney using one Boeing 737, according to local media reports. The airline, called Samoa Airways, is due to take off on November 12 2017 with a 737 leased from Icelandair, the Samoa Observer said. This content is available exclusively
Virgin Australia says a bigger focus on promoting tourism to regional towns in Western Australia would put downwards pressure on airfares on intra-WA routes. In a submission to the WA government’s inquiry into regional ticket prices, Virgin said demand on the bulk of its intra-WA services was mostly from the corporate and government travellers, particularly
Airlines around the world experienced the fastest growth in demand for more than a decade in the first half of calendar 2017 amid a “stronger economic backdrop” and cheap tickets, the International Air Transport Association (IATA) says. The airline industry group’s air passenger market analysis report showed revenue passenger kilometres (RPK) rose 7.9 per cent