Higher air fares on the horizon
By Scott Rochfort
January 24, 2006
THE era of the absurdly cheap domestic airline ticket appears to be over. Signs have emerged that Qantas, Virgin Blue and Jetstar have had one of their best Christmas periods and that airfares could be back on the rise.
Nearly a year to the day since the Virgin Blue chairman, Chris Corrigan, vowed the airline needed to "stop the rapid deterioration in fares", it appears his wishes have come true.
There are expectations the airline, which has struggled to respond to intense competition from Jetstar and high fuel prices, will forecast a rebound in profits.
You can read the rest of the artcile here:
http://www.smh.com.au/articles/2006/01/23/1137864863652.html
By Scott Rochfort
January 24, 2006
THE era of the absurdly cheap domestic airline ticket appears to be over. Signs have emerged that Qantas, Virgin Blue and Jetstar have had one of their best Christmas periods and that airfares could be back on the rise.
Nearly a year to the day since the Virgin Blue chairman, Chris Corrigan, vowed the airline needed to "stop the rapid deterioration in fares", it appears his wishes have come true.
There are expectations the airline, which has struggled to respond to intense competition from Jetstar and high fuel prices, will forecast a rebound in profits.
You can read the rest of the artcile here:
http://www.smh.com.au/articles/2006/01/23/1137864863652.html