BIZ BLOCKER

Canadian Airfares Up 14% From Last Year, Flight Centre Says

Plane in Flight

If you thought inflation was having its way with grocery prices, the same applies to airfares.

A new study by Corporate Traveller, a division of Flight Centre Travel Group, finds that airfares between major Canadian cities have increased by an average of 14%. At least one popular route (YEG-YVR) has seen prices jump 82%, but one of the most heavily travelled routes (YYZ-YVR) also saw prices dip by 1%.

The study looked at third-quarter prices for ten of Canada's most popular routes flown by leisure and business travellers. Here’s what they found.

Origin

Destination

FY23Q3

FY24Q3

YOY Δ

Toronto

Vancouver

894

984

10%

Vancouver

Toronto

926

920

-1%

Calgary

Vancouver

457

580

27%

Toronto

Montreal

611

787

29%

Vancouver

Calgary

474

565

19%

Vancouver

Whitehorse

462

465

1%

Toronto

Calgary

665

826

24%

Calgary

Toronto

612

719

18%

Montreal

Toronto

574

781

36%

Edmonton

Vancouver

406

737

82%

“Canadian businesses face a growing challenge,” Corporate Traveller officials, said. “Most Canadians are already aware that it’s often much cheaper to fly internationally than to a domestic destination, but for travellers who conduct their business in Canadian cities, the high price of flights have become a major roadblock for growth.”

Jim Byers

Contributor

Jim Byers is a freelance travel writer based in Toronto. He was formerly travel editor at the Toronto Star and now writes for a variety of publications in Canada and around the world. He's also a regular guest on CBC, CTV News, Global News and other television and radio networks.

You may also like
Janet Wygert, Senior Vice President of Sales and Trade Marketing for Carnival Cruise Line
New Head of Sales & Trade Marketing at Carnival Announced
We are excited to share that Janet Wygert, a 37-year veteran of Carnival Cruise Line, has been promoted to lead trade ...
Flair Launches In-Seat Ordering, New Website and a New Site
Flair Airlines has introduced Flair FWD, with perks like an On-Time Guarantee and in-seat ordering.
Stan Cho, Minister of Tourism, Culture and Gaming.
Ontario Minister of Tourism to Address Toronto Skål
Skål Toronto has announced that Honourable Minister Stan Cho, Minister of Tourism, Culture and Gaming for Ontario will be the key-note ...
Business Travel
GBTA: Business Travel Buyers Forecast “Significant” Decline
Following optimistic forecasts for corporate travel back in Nov, the GBTA now finds travel buyers are either pessimistic or very pessimistic ...
Canada and US Flags at the border
Canada-US Form Travel Coalition Against Tourism-Harming Policies
A newly formed Beyond Borders Tourism Coalition (BBTC) brings together travel associations in the US and Canada to tackle the challenges ...

Talk Back! Post a comment: