Australia aviation

Federal Government Gives Rex Airline AU$80 Million Lifeline As Its Collapse Sees 13% Increase In Airfares

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Federal Government Gives Rex Airline AU 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

Federal Government Guarantees Bookings For Rex Customers Amid Administration

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Federal Government Guarantees Bookings For Rex Customers Amid Administration

Both federal government and Rex administrator stated the regional flight guarantee was not a bailout offer. Wikimedia Commons The federal government on Thursday guaranteed that customers of Rex Airlines can book flights and demand a full refund in case of cancellation over the next month, as the company continued services under administration. The federal government … Read more

Australia Opens Tender For Sydney Airport Slot Manager To Enhance Competition

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Australia Opens Tender For Sydney Airport Slot Manager To Enhance Competition

In a bid to increase and improve competition at the Sydney airport, the Australian government has announced it would introduce rules to schedule more take off and landing slots for flights, especially those belonging to new airlines. The government on Monday opened up a tender process for the Sydney Airport Slot Manager, which would require … Read more