Qantas and Virgin Australia, Australia’s largest two airlines, have announced hikes in their domestic and international fares, blaming increasing fuel costs and a weakening Australian currency.
For tickets sold from August 22 onwards, Virgin Australia’s base fares on a one-way economy ticket to the US, Europe and the Middle East will increase by $25. Base fares will increase by $35 for premium economy on long-haul international flights, by $50 for business class to the US and by $65 for business class to Europe/Middle East.
Virgin Australia domestic and short-haul international fares, such as flights to New Zealand or Thailand, and within Australia will increase by 3 percent.
Qantas is increasing its base fares on domestic routes by between 2 and 3 percent on August 15.
Qantas’ international fares will increase by $20 to $150 for roundtrip tickets issued on or after August 14, depending on the destination and travel class. Roundtrip fares between Australia and the US will increase by $50 in economy, $70 in premium economy and $100 in business or first class.