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13-Jul-2011 6:02 AM

Australian domestic airfares soar amid Tiger Airways Australia suspension

Analysis

Australia's best discount (cheapest) domestic fares surged 29% in Jul-2011, typically a weaker winter low season in Australia, to the highest level of 2011 in the same month that saw the unprecedented grounding of Tiger Airways Australia. The figures support concerns that the grounding of Tiger Airways Australia for "systemic" safety concerns is creating a substantial upward pressure on airfares.

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