Middle East conflict creates volatile airfare market as prices fluctuate
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Australians are experiencing a divide in airfares, with some routes heavily discounted while others climb amid higher fuel costs due to the Middle East conflict. The Australian Competition and Consumer Commission is monitoring the airline industry for potential breaches of consumer law.
Australians are facing varying airfares due to the Middle East conflict, with some domestic flights as low as $65 and others costing thousands. Jet fuel prices have surged since February, increasing costs for airlines and prompting Qantas and Virgin Australia to cut domestic flights. The Australian Competition and Consumer Commission is closely monitoring price movements and airline behavior. Experts say a gap has emerged between discounted leisure fares and key capital city services often used for work travel. Return fares from Sydney to Fiji can be as low as $600, while a one-way trip from Mount Isa to Brisbane can cost over $700. Travellers, especially those in regional areas, are feeling the impact, with some seeing a near doubling of costs for routine work travel.
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