iscover
The aggressive price war between airlines rebuilding their networks has led domestic economy fares to hit a six and a half year low, Australian Aviation can reveal.
The extraordinary loss for FY20 was ten times higher than the previous year and was in part due to revenue falling 20 per cent to $4 billion.
It comes after the regional airline made the initial announcement at 5am and bullishly predicted there would be “copycat moves” from its larger rivals, which transpired at 11:30 am.
Rex today announced it would sell tickets between Sydney and Melbourne for $39 – and then predicted its rivals would rush to copy its deal.
The decision in the High Court of Singapore means Nick Rohrlach will remain on gardening leave until after a final hearing takes place regarding his appointment, likely to be in June or July.
It follows five agreements approved by staff last year that were negotiated between the TWU and new chief executive Jayne Hrdlicka. Pilots are still yet to finalise new working terms.
PROFILES
Raising the Bar in Commercial Laundry: How Rinse & Repeat Is Redefining Service for Aviation
Raising the Bar in Commercial Laundry: How Rinse & Repeat Is Redefining Service for Aviation
UPRT Australia- Transforming Aviation’s Greatest Risk into Its Greatest Asset
UPRT Australia- Transforming Aviation’s Greatest Risk into Its Greatest Asset
