Rise in Australian companies using private jets over commercial airlines
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, 2022-12-10 07:25:02
Australians are reconsidering how they travel as flight prices continue to soar.
The ACCC reported this week that consumers are paying almost 30 per cent more for domestic flights compared to before the pandemic, resulting in a 15-year-high as they forecast the first profitable financial year since Covid hit three years ago.
“Airfares have risen due to strong demand for travel and constrained supply as airlines have scaled back their schedules in response to high jet fuel costs and operational challenges,” ACCC commissioner Anna Brakey said.
And with rising airfares, long security lines, flight delays and cancellations and baggage drama, Aussies are looking to alternatives.
Many are opting for road trips, while some corporate companies and executives are ditching commercial flights altogether and turning to charter planes instead.
Paul O’Brien, who is the founder of Avmin, a high-profile Brisbane-based air charter company, said he was running “upwards of 80” charter flights per week for clients.
He said this time in 2019, he was putting on about 30 or 40 flights per week, with some corporates actually saving money when making group bookings by opting for a charter over a commercial carrier.
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“If we look at Qantas fares for tomorrow, for example, it’s $1600 on business class per person one-way to fly out of Sydney on…
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