Australia's BITRE releases domestic air fare index for Jul-2014, business fares up

Australia's Bureau of Infrastructure, Transport and Regional Economics (BITRE) released (18-Jul-2014) its Domestic Air Fare Index for Jul-2014 which showed the 'Best Discount Fare' Index (Jul-2003 = 100) for domestic travel fell 10.4% year-on-year to 55.7 in Jul-2014. 'Full economy' was down 3.4% year-on-year and 'restricted economy' was up 5.2% year-on-year. 'Business Class' was higher, up 23% year-on-year. [more - original PR]