Australian competition regulator to monitor domestic air fares
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Aug 22 2024
0mins
Source: Reuters
Airline Market Monitoring: Australia's competition regulator is monitoring domestic airfares closely after Regional Express (Rex) withdrew from the market and entered voluntary administration, leaving no domestic route with more than two competing airline groups.
Impact on Competition: The collapse of Rex and Bonza raises concerns about consumer benefits in a competitive market, as Qantas and Virgin Australia dominate the aviation sector without immediate responses to the situation.
About the author

Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.








