16-Sep-2013 10:48 AM
Australia domestic air fares reach record levels in Sep-2013
Australia's Bureau of Infrastructure, Transport and Regional Economics (BITRE) released (12-Sep-2013) Domestic Air Fare Index for Sep-2013 which showed the 'Best Discount Fare' Index (Jul-2003 = 100) for domestic travel increase 7.5% year-on-year to 74.1 in Sep-2013, the highest level in the past 13 months. 'Restricted Economy' and 'Full Economy' were also higher when compared to Sep-2012, up 9.7% and 3.6% respectively. 'Business Class' increased 29.1% in Sep-2013, also the highest level in the past 13 months. [more - original PR]