QAN ASX: Cheap Virgin Australia airfares and new competitors …

Gift 5 articles to anyone you choose each month when you subscribe. Virgin Australia is poised to re-ignite a price war with bigger rival Qantas, unveiling significantly cheaper airfares to Europe ...

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Cheaper Airfares As Competition Heats Up, Report Predicts - 9News

4 days from now

Dec 8, 2021 · Similarly, on the Brisbane–Sydney route, Virgin matched Rex's $69 fare, Jetstar undercut Rex with sale fares at $55, and Qantas dropped fares from $163 to $109.

9news.com.au

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Competition Heats Up Between Qantas And Virgin Australia | The …

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5 days ago · Qantas has launched a 72-hour sale across a million domestic seats, with fares as low as $109 for Sydney to Ballina, or 6400 points — plus $45 in taxes. Other offers include: …

theaustralian.com.au

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FAQs about QAN ASX: Cheap Virgin Australia airfares and new competitors … Coupon?

Who owns Qantas Airways & Virgin Australia?

Domestic aviation has long been an effective duopoly between Qantas Airways Limited ( ASX: QAN) and the now-privately owned Virgin Australia. A third player, Regional Express Holdings Ltd ( ASX: REX ), has traditionally served rural routes but will start servicing the lucrative Sydney-Melbourne-Brisbane triangle from March. ...

Will Qatar Airways buy Virgin Australia?

As the Motley Fool reported on 1 October, Virgin Australia announced that, subject to Foreign Investment Review Board approval, Qatar Airways plans to acquire a 25% equity stake in Virgin from Bain Capital. Qantas closed down 4.5% on the day of this news, which could increase competition and drive down airfare prices. ...

Will Virgin Australia & Qatar Airways increase competition in Australian aviation?

But, importantly for Australian travellers, management expects the deeper strategic relationship between Virgin Australia and Qatar Airways will drive increased competition in Australian aviation. It notes that this will ensure Australian consumers have access to even better value airfares and greater choice. ...

What will Virgin Australia gain from Qantas?

Virgin Australia also says it will gain access to "scale and synergy benefits, further strengthening Virgin Australia's financial resilience", and underpinning the company's growth. What could this mean for Qantas shares? ...

Why is Virgin Australia partnering with Qatar?

Virgin Australia says this strategic relationship with Qatar will "drive increased competition in Australian aviation." It hopes to provide "even better value airfares and greater choice". ...

Will Qantas be able to charge more than Virgin Australia?

Clearly, these developments suggest Qantas will face increased competition and, therefore, may not be able to charge as much as it has been on routes in which Virgin Australia will start competing more. Lower revenue per flight would likely mean lower profit margins for the airline and, therefore, a potential hit to the bottom line. ...