‘Golden triangle’ dogfight: Rex creates headaches by taking on Qantas and Virgin – Sydney Morning Herald

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…

Click here to view the original article.