Federal Government Gives Rex Airline AU$80 Million Lifeline As Its Collapse Sees 13% Increase In Airfares
Consumer watchdog Australian Competition and Consumer Commission (ACCC) has revealed that following the collapse of regional carrier Rex, the aviation industry became more concentrated, with fewer players dominating the market, contributing to a more than 13% increase in airfares on all major city routes. ACCC’s report came as the federal government pledged AU$80 million to … Read more
