Australia’s BITRE releases domestic airfare index for Jun-2017, domestic fares up 5%

    Australia’s Bureau of Infrastructure, Transport and Regional Economics (BITRE) released (15-Jun-2017) the Domestic Air Fare Index for Jun-2017 which showed the ‘Best Discount Fare’ Index (Jul-2003 = 100) for domestic travel increased 5.0% year-on-year to 61.5 in Jun-2017. ‘Restricted economy’ increased 1.6% year-on-year and ‘Business class’ declined 0.1% year-on-year.