Lack of airline competition continues to drive up airfares, Australian regulator finds
( December 9, 2025, 06:15 GMT | Official Statement) -- MLex Summary: The concentrated domestic aviation sector in Australia continues to drive up airfares despite jet fuel prices trending downwards, according to a report by the Australian Competition & Consumer Commission. In a statement on Tuesday accompanying the report on domestic air-travel competition, the regulator said domestic airfares reached their highest level in October since December 2022, reflecting a market now effectively operating as a duopoly between the Qantas Group and Virgin Australia. The regulator also noted that the planned acquisition of Rex by US-based Air T would help preserve regional connectivity.Statement follows; report is attached:...
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