Flight price differences
Nov 15th 2009 | 8:43 am
#31
Banned
Joined: Apr 2009
Posts: 1,054
Re: Flight price differences
Ah but it's not all about forward xchange rates.
In the UK the periods for airfares to Oz run:
cheap: mid-April to mid-June
mid-Oct to around the 6th December
the rest of the year is peak although you can get a cheap flight to Oz on Christmas Day.
I haven't looked into the cheaper periods from Oz as we've always ended up going back June/July which is fairly expensive. May is cheaper as the flights go up on the 1st June.
I've got to start looking for next year - oh joy! SIA have a promotion fare and if they reduce the fare after you've booked they'll refund the difference - so that sounds pretty good.
In the UK the periods for airfares to Oz run:
cheap: mid-April to mid-June
mid-Oct to around the 6th December
the rest of the year is peak although you can get a cheap flight to Oz on Christmas Day.
I haven't looked into the cheaper periods from Oz as we've always ended up going back June/July which is fairly expensive. May is cheaper as the flights go up on the 1st June.
I've got to start looking for next year - oh joy! SIA have a promotion fare and if they reduce the fare after you've booked they'll refund the difference - so that sounds pretty good.
The airlines must hold their forward ticket prices so are forced to forecast foreign exchange and hedge against movements which would be adverse for them.
British migrants in Australia (perhaps with school holidays to consider) are causing the (family reunion?) demand for flights from Australia before Christmas and returning after New Year's day?
Demand by British tourists for travel to Australia drops off in the northern spring?
Demand by non-British for flights from Australia to the UK is more constant throughout the year?
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On average, using more data points for reference than before, I find that at ~$AUS 1.00 : $USA 0.80, over the year the cost of return flights from Britain is the same as from Australia.
With the £ having dropped relative to both $USA and $AUS and the $AUS risen relative to the £ and $USA, those air fares forward priced in £s a few months ago are cheaper than those air fares forward priced in $AUS at the same time?
Last edited by WillBlack; Nov 15th 2009 at 9:36 am.
Nov 15th 2009 | 11:05 am
#32
BE Enthusiast
Joined: Jul 2009
Posts: 593
Re: Flight price differences
This constantly winds me up. The huge difference in flying to the UK in comparison to flying to Australia.
I've checked Emirates and found for the same dates:
London to Perth - 572 (pound)
Perth to London - $2047 (equivalent to 1152 pound)
That's outrageous. How can they justify the huge difference?
I've checked Emirates and found for the same dates:
London to Perth - 572 (pound)
Perth to London - $2047 (equivalent to 1152 pound)
That's outrageous. How can they justify the huge difference?
Nov 15th 2009 | 1:04 pm
#33
Banned
Joined: Apr 2009
Posts: 1,054
Re: Flight price differences
Presuming you are writing about competition between airlines flying into and out of Australia, how much do you want or expect?
The attached timetable summary provides information on airlines approved to operate scheduled services between Australia and its bilateral partners for the Northern Summer period from 29 March 2009 to 24 October 2009. The summary reflects timetable applications submitted by airlines prior to 29 March 2009 for the Northern Summer period only. It does not cover timetable variations made subsequent to original approvals.
Australian Government - Bilateral Aviation - International Airlines Timetable Summary
The attached timetable summary provides information on airlines approved to operate scheduled services between Australia and its bilateral partners for the Northern Summer period from 29 March 2009 to 24 October 2009. The summary reflects timetable applications submitted by airlines prior to 29 March 2009 for the Northern Summer period only. It does not cover timetable variations made subsequent to original approvals.
Australian Government - Bilateral Aviation - International Airlines Timetable Summary
