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The Cheap Airfare Party Is About To End

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. Traveling is a fun, educational experience that shouldn’t be burdened with the expenses of buying expensive airline tickets. In 1945, it might have taken 130 weeks for a person earning the average Australian wage to earn enough for the lowest Sydney to London return air fare. Armed with this information, you can head directly to the airline website to see if the same flights are any cheaper (some airlines guarantee to offer the lowest possible fares on their own websites). It might be the beginning of the end of cheap travel, but it helps the industry avoid the more costly fate of individual government intervention. For example, if you are a family of four and searching for four seats, the airline will find …