‘Revenge travel’ to keep airfare prices sky-high for years

Experts are predicting the days of cheap airfares are over, with flight prices to remain high well into 2024, due to the new concept of “revenge travel”.

There are multiple reasons why prices are so high, which are mainly due to capacity, fuel and business issues.

Two years of limited flights due to COVID-19 means there are simply not enough aircraft and staff ready to go.
Passengers getting off an airplane at the Sydney Airport, with view of CBD in the background
Experts are predicting the days of cheap airfares are over. (AdobeStock)

Then there’s the price of aviation fuel, which has doubled this year alone, thanks in part to the war in Ukraine.

Businesses are also not flying as much, due to work-from-home lifestyles, which means the lack of business-class ticket income is passed on to all customers.

Travel expert Quentin Long said airlines were taking advantage of people’s desperation to go on holidays.

Flight attendants
Businesses are also not flying as much, due to work-from-home lifestyles. (Getty)

“We’re in this world of revenge travel where ‘no matter how much it costs I just want to travel so will pay anything’,” Long said.

“The airlines know this and they actually can charge anything they like.”

In some cases, travelers have been paying as much as $1000 to fly from Sydney to Melbourne or Adelaide.

If you’re willing to fly mid-week, outside peak times, and you’re not fussed with what airline you fly with, it is still possible to fly to Melbourne from Sydney before Christmas for $149.

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It looks like the type of place you’d whack on your travel bucket list

“I don’t think we’ll ever get back to the crazy prices of 2018 when we had Qantas and Virgin going head to head in a death-by-a-thousand-cuts battle but we will see them return to some sort of normality in 2024,” Long said.

For now, the best advice is to keep an eye out for one-off sales, like Black Friday sales.

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