Australia’s BITRE releases domestic airfare index for Nov-2017, domestic fares up 2%

    Australia‘s Bureau of Infrastructure, Transport and Regional Economics (BITRE) released (16-Nov-2017) its Nov-2017 Domestic Air Fare Indexes:

    • Business fares: 94.7, +0.5ppt (compared to a Jul-2003 baseline of 100);
    • Restricted economy fares: 55.8, -23.9ppts;
    • Best discount economy: 64.0, -3.6ppts.

    Indexes are constructed from BITRE’s monthly survey of airline internet booking sites. [more – original PR]