International plane fares drop as air capacity returns to pre-Covid levels

Modern passenger airplain taking off from airport airfield against Sydney city CBD buildings and towers towards blue sky.
Edited by Travel Weekly


    New data from Flight Centre Corporate’s FCM Travel and Corporate Traveller has revealed global and domestic air capacity have reached pre-pandemic levels for the first time, and international airfares out of Australia have seen a drop as a result.

    “As of this month, and for the first time since the pandemic, we have reached aircraft passenger seat capacity that is above or beyond pre-pandemic levels globally. This means that across the world we have as many seats available to passengers as we did before 2019,” said Flight Centre corporate global COO Melissa Elf.

    “We’re seeing this directly correlate to decreasing airfares, which is great news for our corporate travellers, who rely on travel to keep their businesses ticking, and win new work.”

    “An analysis of key international routes for Australian travellers has found fares on some routes dropped by up to 25 per cent, and with more and more capacity and competition being introduced to the market it’s a trend we’ll continue to see throughout the rest of the year.

    “The Global Business Travel Association predicted a growth in business travel of 27 per cent in 2023 in Australia. It has also revealed that in 2024 for ever USD1 spent on business travel, a business would see a USD145 return in sales.

    “We still have some countries that are lagging in their international and domestic capacity, but some that have come back stronger than ever before. It’s evident in the data that the airlines and airports with the highest levels of capacity are seeing the best rates for passengers.

    “Australia’s international capacity is currently at 95 per cent, so we’d like to see this continue to increase. We are anticipating that to tick up to 98 per cent next month, and hover around that mark for the next six months.

    “It will also vary depending on the port of departure – for example, international seat capacity out of Perth is at 111 per cent, and Sydney is nearing full capacity at 97 per cent.

    “We’re seeing promising signs that this will be a long lasting trend, thanks to new international capacity announcements like recent ones from Delta Airlines, Singapore Airlines, China Southern and Jetstar.

    “It’s certainly a complex landscape, and this data shows us just how critical it is to have a travel management company on your side that can find you the best deal across a multitude of airlines, lock in the most convenient route, advise on the best time to travel and maximise travel benefits.

    Email the Travel Weekly team at traveldesk@travelweekly.com.au

    flight centre

    Latest News

    • Hotels

    Minor Hotels announces a new luxury Anantara on Bali’s Seseh Beach

    Minor Hotels has signed an agreement to manage a new-build Anantara resort and branded residences on Seseh Beach in Bali, opening in 2027. The news Anantara Dragon Seseh Bali Resort will be the first luxury beachfront resort on Seseh Beach and the third Anantara Hotels & Resorts property in Bali. The Anantara Dragon Seseh Bali […]

    • Aviation

    Solomon Airlines fills Air Vanuatu gap with flights from Port Vila to Auckland

    Solomon Islands’ national carrier will commence direct flights between Port Vila and Auckland from 27 May, using Solomon Airlines aircraft to continue air services linking Vanuatu and New Zealand. Solomon Islands officials together with the Vanuatu Government has worked closely with relevant New Zealand authorities to continue interim flights servicing Auckland from Port Vila. This included […]

    • Aviation

    Board Air Canada in Sydney’s CBD via a sleek Light Rail

    Visitors flocking to Vivid Sydney will glide through the CBD in the newest addition to the Air Canada fleet – a sleek Light Rail tram wrapped in the airline’s unique livery. The Air Canada-themed tram is part of a new marketing campaign designed to put Air Canada in lights during the Vivid Sydney festival (25 […]

    • Cruise
    • News

    Carnival Splendor to the rescue of Aussies and Kiwis left stranded in Vanuatu

    Carnival Cruise Line’s Carnival Splendor has come to the aid of a group left stranded in Vanuatu, following the collapse of Air Vanuatu. The group, eight Australians and one New Zealander, were visiting the island of Santo when Air Vanuatu cancelled all flights, leaving them without a way home. Carnival Cruise Line responded by offering […]

    • Hotels

    QT Singapore set to open in heritage Eastern Extension Telegraph building

    Bookings open today for QT Singapore, in the historic former Eastern Extension Telegraph building along Robinson Road, the first property from QT Hotels & Resorts to open outside Australian and New Zealand. Previously Accor’s So Singapore, then the Hotel Telegraph, QT Singapore will officially launch on September 16 and will feature 134 rooms, ranging in […]

    • Hotels
    • News

    Minor Hotels’ Anantara group reimagines the brand as its portfolio surpasses 50 properties

    Anantara Hotels & Resorts is marking a significant milestone with a reimagined brand identity as recent openings across Europe, Middle East and Asia have propelled the brand portfolio beyond 50 properties. Part of the Minor Hotels group, the Anantara visual refresh takes an elegant, pared-back approach that enables each hotel’s unique character to shine – […]