Australian domestic discount air fares climb in June, but more pressure ahead

Premium Analysis

Australian domestic discount fares have increased from extreme lows in April and are now down approximately 20% from base levels in 2003, according to the Bureau of Infrastructure, Transport and Regional Economics (BTRE). Discount fares had fallen as much as 40% below the benchmark level in Feb-2009 and Apr-2009, as reflected in Qantas’ domestic yields, which fell an average 8.3% in the three months between Feb-2009 and Apr-2009.

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