ACCC – Australian domestic air fare decline from 2022 level, but remain above 2019 levels

The Australian domestic air fares have declined from historic highs of 2022-end, but still remain above the pre-pandemic levels as per the latest figures released by Australian Competition & Consumer Commission (ACCC). According to the quarterly report released by the commission, the Australian domestic airfares hit a 15-year-high in December 2022. Following that record peak, the price of discount fares only decreased by one-third in in January 2023. “While it’s positive to see airfares fall from record highs in 2022, passengers are still generally paying more to fly today than they were before the pandemic,” said ACCC Commissioner Anna Brakey. “Airfares