Domestic travel prices are rising as the year draws to a close.

Stats NZ says fares rose nearly 11 percent in November on the month before - the biggest lift since July last year.

Aviation commentator Peter Clark says, to a degree, it's down to supply and demand. 

"Then I think sometimes the airline doesn't have the supply to offer, so they capitalise on filling every seat at the last minute - and know that they can demand a fairly high fare."

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Domestic travel prices are rising as the year draws to a close.
Stats NZ says fares rose nearly 11 percent in November on the month before - the biggest lift since July last year.
Aviation commentator Peter Clark says, to a degree, it's down to supply and demand.&nbsp;
"Then I think sometimes the airline doesn't have the supply to offer, so they capitalise on filling every seat at the last minute - and know that they can demand a fairly high fare."
LISTEN ABOVE

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Whether you’re a small business owner or interested in what’s going on in the Big End of Town, this podcast encompasses the sharpest voices and minds in the world of business.

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers. Whether you’re a small business owner or interested in what’s going on in the Big End of Town, this podcast encompasses the sharpest voices and minds in the world of business.

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers.

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Peter Clark: aviation commentator on domestic flight prices soaring in November

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/9f3b3c7a-b9e2-4937-901e-b248004bf88d/transcript