That's not subsidised though, that's only subsidised if they secured the planes today. Last week you could book travel for comfortably less than half that price. City would have, or should have secured planes well in advance of then for whatever the price was at the time before demand had an impact. if we were able to buy a single plane ticket last week for a few hundred, city should have secured entire planes for that price if not less, there's no reason why their costs should be reflective of current price hikes. The only possible reasons for city charging as much or similar to the current prices are they've had a monumental cock up securing planes in which case they really should be eating the cost themselves or they've decided to cash in on the demand themselves and charge closer to the current going rate.