After four years, Australia's aviation industry has finally recovered from COVID

  • 📰 9NewsAUS
  • ⏱ Reading Time:
  • 33 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 72%

Business News News

Business Business Latest News,Business Business Headlines

And a certain pop megastar helped the industry bounce back.

The Australian Consumer and Competition Commission said passenger numbers for March this year were at almost 99 per cent of 2019 levels, while February was the first month that outperformed its pre-pandemic counterpart.

"Most notably, Taylor Swift performed seven shows to more than 600,000 people across two weekends exclusively in Melbourne and Sydney. The consumer watchdog says the new airline's demise is a blow for the sector – and for travellers hoping for cheaper airfares. "While Bonza's impact on competition had been limited to date, its presence represented an opportunity for greater competition to emerge in the highly concentrated domestic aviation sector.""After four years of instability, the domestic airline industry has returned to more typical seasonal levels that were last seen before the pandemic," she said.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 10. in BUSİNESS

Business Business Latest News, Business Business Headlines