ACCC warns airline industry is at ‘critical juncture’ with a developing duopoly stunting competition
Get our morning and afternoon news emails, free app or daily news podcast
Australian aviation is at a “critical juncture”, with policy shortcomings allowing for a duopoly marked by higher air fares and poorer service, the consumer watchdog warns, as it loses extra resources to scrutinise the sector.
Qantas Group – including budget carrier Jetstar – and Virgin Australia have carried 90% of domestic passengers over the past two decades, and as many as 94% in April this year, according to the Australian Competition and Consumer Commission’s quarterly domestic aviation monitoring report released on Monday, the final edition of the three-year task.
Sign up for Guardian Australia’s free morning and afternoon email newsletters for your daily news roundup
About Author
More Stories
Nvidia’s CEO makes surprise visit to Beijing after US restricts chip sales to China
Russia-Ukraine war live: US ‘ready to move on’ from peace talks if no progress made soon
Move over, Med diet – plantains and cassava can be as healthy as tomatoes and olive oil, say researchers