13-Feb-2008 11:50 AM
Let the price wars begin!
Analysis
Air fare price wars are breaking out in Australia, spurred by new airline entry and a build-up of fresh capacity.
An index of Best Discount fares in the domestic Australian market, produced by the Bureau of Transport and Regional Economics, dropped from 80.2 in January to 78.4 this month. The February 2008 level was some 8.5 percentage points below the same month last year.
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