Australian aviation industry

The ACCC (Australian Competition and Consumer Commission) has released a preliminary decision suggesting the rejection of authorization for Qantas Airways Ltd, China Eastern Airlines Corporation Limited, and their affiliated entities (including Jetstar) to maintain their collaborative activities on routes connecting Australia and mainland China.

The latest Airport Monitoring Report by the ACCC reveals that the financial performance of Australia’s four major airports (Sydney, Melbourne, Brisbane, and Perth) during the fiscal year 2021-22 remained significantly lower than the outcomes achieved in the pre-pandemic financial year of 2018-19