Now is the time to snare the cheapest fares with top airlines releasing their special flight deals to popular long haul destinations.

Qantas is offering a return economy fare from Sydney to Singapore at $648. Singapore Airlines is offering a return economy fare of $651 from Sydney to Singapore and an offer of $752 return economy from Sydney to Bangkok provided you book by January 27. Emirates has a return economy fare from Sydney to Bangkok at $649 but the offer ends on January 23.

Airfares to Europe are fast coming down with Singapore Airlines’ offer of a return economy from Sydney to London at  $1278 – but there’s a catch, you have to book by January 27.

Emirates has a Sydney to London return economy fare of $1479  – but you have to be quick as the offer ends on January 23.

Etihad has also come up with a competitive price of $1359 for a return economy from Sydney to London.

Deals to the USA are limited with Qantas offering a return economy from Sydney to Los Angeles at $1250 while Virgin has a equally competitive return fare of $1247 from Sydney to LA. Etihad has a return economy offer of  $1630 from Brisbane to New York.

Closer to home, Qantas has a one-way economy fare of  $329 from Sydney to Bali. Virgin offers a return economy fare from Sydney to Bali at $516.

Emirates has a return economy fare to Christchurch at $399 but the offer ends on January 23 compared to Air New Zealand return economy fare at $410.