Qantas and Virgin could invest more of their big profits to lift reliability and service for passengers, the consumer watchdog has found in its first domestic aviation market monitoring report.
Federal Treasurer Jim Chalmers restored the Australian Competition and Consumer Commission’s monitoring powers last November. The ACCC found domestic aviation passenger levels and seat capacity “appear to be stabilising”.
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Ayesha de Kretser is a senior reporter with The Australian Financial Review covering the aviation and tourism sectors. She has previously reported on banking, mining and commodity markets. Connect with Ayesha on Twitter. Email Ayesha at ayesha.dekretser@afr.com.au
