Consumer watchdog puts Australian airlines on notice over high domestic air fares
by Elias Visontay from World news | The Guardian on (#66HJT)
ACCC says they will closely monitor companies to ensure they do not keep prices high through artificial scarcity
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The consumer watchdog has put airlines on notice, warning carriers they will be closely" monitored to ensure they aren't deliberately slowing their return to full service capacity so they can keep air fares high".
In its quarterly airline competition report, the Australian Competition and Consumer Commission found a 27% increase in all air fare types between October 2019 and October 2022. It noted the price of discounted economy fares had increased the most because with fewer flights but strong demand, the airlines don't currently need to offer special fares to fill their planes".
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