Australian Aviation

The Kiwi flag carrier attributed the profits to “demand for air travel that exceeded expectations”, with domestic capacity at 94 per cent of pre-pandemic levels, its international network restored, and all its aircraft now flying again. The airline saw an operating revenue of $6.3 billion NZD for the year.

Speaking to the House Standing Committee on Economics’ inquiry into promoting economic dynamism, competition and business formation, AAA CEO James Goodwin noted that Qantas and Jetstar together have a 66 per cent share of the domestic market, with Virgin at 29 per cent.

This week, both Qantas and Virgin weighed in on Qatar being blocked from adding more flights to Australia’s major airports. But does anyone really have Aussie travellers’ best interests at heart?

In a submission to the House of Representatives Standing Committee on Economics’ inquiry into promoting economic dynamism, competition and business formation, the airport urged the Government to lift the current 80-20 “use it or lose it” rule to 95-5.

The service, to launch on 21 November, is Bonza’s first outside the eastern seaboard, and will connect it to its fourth state after Queensland, NSW and Victoria. With 11 other routes planned from its new Gold Coast base, Bonza will operate 34 concurrent routes to 18 destinations.

It comes after the Flying Kangaroo on Thursday confirmed a huge order for 12 new 787 Dreamliners and 12 Airbus A350s to replace the bulk of its ageing widebody fleet.