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Bloomberg Television

As Summer starts to wind down, airlines start cutting prices 🤩

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airlines are finally cutting their ticket prices and more discounts could be on the horizon Quantas have cut prices more than six times this year Virgin Australia has averaged at least one sale a month and even lowcost Pioneer Ryan a says fairs are getting cheaper International fairs globally fell 6% in the first 6 months of 2024 from the same period a year ago passengers are finally catching a break after the post-pandemic price Rises fueled by a surge in demand as travel restrictions were lifted falling fairs also reflect the number of international flights on offer particularly in Asia and in Europe and the fact that passengers are increasingly costc conscious but there are some pinch points including aircraft delivery delays that some airlines are experiencing as Airbus and Boeing struggle to fill up their order backlogs to some extent these factors can restrict how cheap airf fares can really get

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