Australian BITRE fare index shows falls in business and discount fares in Aug-2017

    Australia‘s Bureau of Infrastructure, Transport and Regional Economics (BITRE) reported the following domestic airfares indexes for Aug-2017, based on its monthly survey of airline internet booking sites (Jul-2003 = 100):

    • Business: 92.7, -1.8% year-on-year;
    • Restricted economy: 83.5, +5.6%;
    • Best discount: 54.7, -4.9%.