Airfares Fall as Capacity Recovers to Pre-Covid Levels

Published on April 13, 2024

Airlines have finally shaken off the lingering effects of COVID-19, with capacity back to pre-pandemic levels for the first time. Global seat availability climbed back over 100 percent of 2019 levels in April, data from Flight Centre has revealed, with travellers enjoying lower airfares as a result. “An analysis of key international routes for Australian travellers found fares on some international routes out of Australia dropped by up to 25 percent,” said Flight Centre Corporate managing director Melissa Elf. “With more and more capacity and competition being introduced to the market, it’s a trend we’ll continue to see throughout the rest of the year.”...

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