Transportation
Airlines Are Finally Cutting Ticket Prices as Flight Numbers Rise
- Global trend will continue this year, Flight Centre says
- Fares to US and Europe from Australia down 11% or more in 2024
Falling fares reflect the growing number of international flights on offer and a traveling public that is increasingly cost conscious.
Photographer: Akos Stiller/BloombergThis article is for subscribers only.
Qantas Airways Ltd., not known for usually offering big discounts, has cut prices more than six times this year. Virgin Australia is averaging at least one fare sale a month. Even Ryanair Holdings Plc, which practically invented affordable European air travel, says flights are getting cheaper.
Passengers around the world are winning some respite from the fare madness that followed the pandemic — and further price declines are coming.