Fares fall as Australian air travel returns to pre-Covid capacity, Flight Centre says
Airlines have finally shaken off the lingering effects of Covid, with capacity back to pre-pandemic levels for the first time, according to data from Flight Centre. Global seat availability climbed back over 100% of 2019 levels in April, with travellers enjoying lower air fares as a result. “An analysis of key international routes for Australian travellers found fares on some international routes out of Australia dropped by up to 25%,” said Flight Centre Corporate’s managing director, Melissa Elf. “With more and more capacity and competition being introduced to the market, it’s a trend we’ll continue to see throughout the rest of the year.” Australia’s international capacity is expected to tick up from 95% to 98% next month, while domestic capacity has been hovering between 98 and 100% for the last few months. Elf said there are promising signs that air fares will continue to fall beyond the short term, with major carriers – including Delta, Singapore Airlines and China Southern – recently announcing new routes to Australia. In Q1 2024, flights to Australia’s most popular travel destination Indonesia were down 21% from the previous year at $798 return on average. Available seats to the holiday spot were at 115% of pre-pandemic capacity.<br/>
https://portal.staralliance.com/cms/news/hot-topics/2024-04-15/general/fares-fall-as-australian-air-travel-returns-to-pre-covid-capacity-flight-centre-says
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Fares fall as Australian air travel returns to pre-Covid capacity, Flight Centre says
Airlines have finally shaken off the lingering effects of Covid, with capacity back to pre-pandemic levels for the first time, according to data from Flight Centre. Global seat availability climbed back over 100% of 2019 levels in April, with travellers enjoying lower air fares as a result. “An analysis of key international routes for Australian travellers found fares on some international routes out of Australia dropped by up to 25%,” said Flight Centre Corporate’s managing director, Melissa Elf. “With more and more capacity and competition being introduced to the market, it’s a trend we’ll continue to see throughout the rest of the year.” Australia’s international capacity is expected to tick up from 95% to 98% next month, while domestic capacity has been hovering between 98 and 100% for the last few months. Elf said there are promising signs that air fares will continue to fall beyond the short term, with major carriers – including Delta, Singapore Airlines and China Southern – recently announcing new routes to Australia. In Q1 2024, flights to Australia’s most popular travel destination Indonesia were down 21% from the previous year at $798 return on average. Available seats to the holiday spot were at 115% of pre-pandemic capacity.<br/>