Airfares Fall as Capacity Recovers to Pre-Covid Levels

A photo taken on Aug. 22, 2023 shows a Airbus A321 Neo operated by the Qantas low-cost airline Jetstar at Kingsford Smith Airport in Sydney, Australia. William West/AFP via Getty Images

Airlines have finally shaken off the lingering effects of COVID-19, with capacity back to pre-pandemic levels for the first time.

Global seat availability climbed back over 100 percent of 2019 levels in April, data from Flight Centre has revealed, with travellers enjoying lower airfares as a result.