Regional Express (Rex) is not the first airline to unsuccessfully challenge the market power of Qantas and Virgin.
Another airline has gone into voluntary administration. Hundreds of jobs in limbo. And the Qantas and Virgin duopoly continues to reign supreme. In other words, it’s business as usual for Australia’s aviation industry.
The result was perhaps inevitable given that the two incumbent airlines dominate the airport slots, which allocate times and frequency that airlines can take off or land. Virgin, in particular, fiercely protected its piece of the pie, matching Rex’s intercity discounted fares.The consequences of Rex’s troubles are notable.
King is now in the hot seat, facing pressure to salvage Rex’s regional routes, multiple emergency services contracts and two flight training schools, if the airline’s administrators EY cannot find a way forward.
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