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This not just QAN, but Virgin , Rex, and whoever else flies between Sydney and Melbourne.
From AFR
Gouging, there is no other way to put it.
Perhaps the guvmint could put a super profits tax on this route.
Mick
From AFR
Flying between Sydney and Melbourne is generating more revenue than any other route in the world – almost double the level before the COVID-19 pandemic – despite a fall in the number of passengers travelling.
The route generated revenue of $US1.21 billion ($1.9 billion) in the first six months of this year, surpassing that from flights between New York’s John F. Kennedy airport and London’s Heathrow. That route was the most revenue-rich, followed by travel between Los Angeles and New York, in 2019.
In the first half of that year, before the pandemic, airlines generated $US611.5 million flying between Sydney and Melbourne, according to OAG, a data provider which is widely regarded as an industry standard. That would mean a 97 per cent rise in revenues between 2019 and 2023, despite a fall in passenger numbers of about 11 per cent between those periods.
Gouging, there is no other way to put it.
Perhaps the guvmint could put a super profits tax on this route.
Mick