And haven't most of us been ripped off by these masters of price gouging on their monopoly routes in the past (and in the present)?I find the press release interesting.
There are clearly no published Y fares anywhere near $1,000 meaning Rex is comparing QFs 717 J product to its Saab 340 Y seats?
And haven't most of us been ripped off by these masters of price gouging on their monopoly routes in the past (and in the present)?
Rex like to point the finger but squeal like a stuck pig whenever a competitor dares enter 'their' territory.
Besides that who really wants to go to Canberra in a flying pencil !
Murrays it is then... $49 Flex Fare, leaving on the hourI need to travel from SYD to CBR on Thursday. The cheapest Qantas flight is $284 and the trains are sold out (except at 7am, which isn't suitable).
I can't believe I'm seeing this, but bring on Rex and its $99 fares!
the bus is fine, It's the "clientele" that's the issue
You can book a companion seat, so you have two to yourself. $69 flex all up. No excuses now It's not that bad, plus pretty quick to SydneyYeah, especially since Murray's also now says "we do not guarantee you'll get an empty seat next to you". Doesn't exactly fill me with confidence when we're still in a pandemic. (I realise you might also have to sit next to someone on a plane, but that trip is only ~50 minutes and everyone needs to wear a mask.)
On the train, at least you get a guaranteed two seats to yourself and the journey is reasonably comfortable.
A couple of things caught my eye from that release:Media release on the launch:
Firstly it'd be interesting to know what went into that $200m figure. $200m / 160k seats = $1250 input into the economy per seat which does seem like a lot for a brand new route of just 236km's.The launch today of flights between Sydney and Canberra will provide a direct annual economic boost of nearly $200 million to the national capital, according to data analysis by respected public policy evaluation and consultancy firm, Urbis*.
*Urbis worked on Canberra Airport’s 2020 Master Plan providing analysis of the economic benefits of the Airport to the region over the next 20 years.
I find this interesting that they think that many seats will "grow" the market. 160,000 seats per year works out at ~438 per day or 219 in each direction or as above ~4.5% of seats out of Canberra per day. Qantas sometimes flies 737's on the SYD-CBR route that has 178 seats. If Qantas was to schedule a single extra 737 flight per day in each direction that would be 129,940 seats per year which isn't too far off what rex will be adding.The flights, which represent an extra 160,000 seats a year, will grow the total market by stimulating new leisure and tourism traffic while also sparking a surge in travellers visiting friends and families.
I wonder what it actually costs Qantas and Rex per seat on these SYD-CBR flights, I'd argue it almost seems as if rex is gouging given they're somehow able to operate MEL-OOL a ~2hr 1238km flight for $65 but the 50 minute 236km flight costs $99. One would think because it's being operated by a prop plane it'd be cheaper to operate as well.“Rex’s entry to the Canberra airline market will add 300 jobs here and it will generate economic activity of nearly $200 million just because our competitive pricing will put a stop to Qantas’s gouging of passengers with very high prices". Quote from Dep chariman John Sharp.