28-Apr-2010 11:49 AM

Australian domestic discount fares at historic lows in Apr-2010

Australia’s Bureau of Infrastructure, Transport and Regional Economics (BITRE) reports in its Domestic Air Fare Index that the "Best Discount Fare" Index (Jul-2003 = 200) for domestic travel fell 16.5% year-on-year to an all-time low to 50.8 in Apr-2010. Restricted economy, full economy and business-class fares in Apr-2010 were all lower year-on-year compared to Mar-2010 at 92.7, 90.5 and 95.5 respectively. [more]