The average airfare on all major city routes in Australia increased by a whopping 13.3 per cent after Rex Airlines ceased key operations, a new report from the ACCC has found.
New ACCC reports finds average airfare on major city routes increased by 13.3 per cent after Rex Airlines ceased key operations
A new report from Australia’s consumer watchdog has found average airfares on major city routes surged 13.3 per cent after Rex Airlines entered voluntary administration and suspended key services in July. The sizable increase was recorded from July 31, when the embattled airline announced it was entering voluntary administration, to September this year."The recent spike in airfares corresponds with a less competitive domestic airline sector after Rex’s exit from 11 of the 23 services between metropolitan cities,” ACCC Commissioner Anna Brakey said in a statement.
“While we also typically see a seasonal peak in air travel in September due to major sporting events and school holidays, there were additional pricing pressures this year. “Passengers were no longer able to access the lower fares that Rex offered, and airline seating capacity decreased following Rex’s exit. This in turn has contributed to higher airfares.”
Airfares Ticket Prices ACCC Rex Airlines
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