Air fares likely to stay stubbornly high as travel-hungry Australians’ tastes change
by Elias Visontay Transport and urban affairs reporte from World news | The Guardian on (#6G4AB)
Higher prices see the phenomenon of revenge travel' turn into a willingness to spend more on bigger trips, industry watchers say
International air fares are set to remain stubbornly high throughout the first half of next year, but the preferences of travel-hungry Australians are shifting.
After the broad reopening of borders by mid-2022, international airlines have largely enjoyed bumper profits by operating fewer flights than an average pre-pandemic year, all while Australians' pent-up demand for travel meant they were able to charge eye-watering amounts for tickets.
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