In his submission to the Productivity Commission’s inquiry into regional airfares and a rare public statement since Bonza’s 2024 collapse, Jordan singled out the dominance of Qantas Group – and, to a lesser extent, Virgin Australia – as a major factor …
The carrier, which recorded a NZ$59 million loss for the first half, had predicted second-half earnings “broadly in line with, or modestly below the first half”; however, “extreme volatility” in fuel prices has led it to suspend that guidance.
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