There was an article in The Australian just to-day, with the headline ‘No end in sight to exorbitant international fares’: Hopes of international airfares becoming more affordable have been dashed by data showing they are getting more expensive. International airfares are continuing to climb despite more airline capacity coming into the Australian market and oil prices falling.

The article is behind a paywall, but here is an excerpt:

“The average fare, we think, is not coming down and that’s based on our mix of sales month to month. We’ve seen them go up since January,” Mr Hartley said. “What is going down are sale fares but they don’t apply to a huge number of seats. On the upside, that sale activity is a good indication that airlines are starting to see the need to stimulate the market with better prices but our overall impression is that the average (fare) isn’t coming down just yet. ... There are simply not enough premium seats to meet the current demand with leisure and business travellers ‘competing’ for a more comfortable ride.”