Australian Competition Regulator To Monitor Domestic Air Fares
Australia’s competition regulator has announced that it will closely monitor domestic air fares between metropolitan cities after local carrier Regional Express withdrew from the market last month as it entered voluntary administration. From a report: Rex is the second domestic airline to take that route this year. Low-cost airline Bonza was the first. It said in April it had suspended flights, and would assess the viability of its business. The collapse of Bonza and the withdrawal of Rex between metropolitan cities means that no domestic route had more than two competing airline groups as of July, the Australian Competition and Consumer Commission said.
Read more of this story at Slashdot.
Australia’s competition regulator has announced that it will closely monitor domestic air fares between metropolitan cities after local carrier Regional Express withdrew from the market last month as it entered voluntary administration. From a report: Rex is the second domestic airline to take that route this year. Low-cost airline Bonza was the first. It said in April it had suspended flights, and would assess the viability of its business. The collapse of Bonza and the withdrawal of Rex between metropolitan cities means that no domestic route had more than two competing airline groups as of July, the Australian Competition and Consumer Commission said.
Read more of this story at Slashdot.