Business
‘Golden triangle’ dogfight: Rex creates headaches by taking on Qantas and Virgin – Sydney Morning Herald
The introduction of Rex as a competitor to Qantas and Virgin on the ‘golden triangle’ routes will cause problems for the competition regulator.
Nowhere will the tensions between the efforts to salvage and rebuild businesses decimated by the pandemic and the long term consequences for competition be more acute than in aviation, where the entire global industry is essentially on life-support, awaiting the re-opening of economies.
Airlines are highly operationally and financially leveraged businesses, with relatively small shifts in costs and volumes leading to either significant profits or substantial losses.
At the moment most of the i…
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