00-00-0000 Australian Domestic Competition Causes Airline Profits To sink Increased Presence of Low-Cost Carriers Intensifies Competitive constraining force Apr 02.

00-00-0000


Australian Domestic Competition Causes Airline Profits To sink Increased
Presence of Low-Cost Carriers Intensifies Competitive constraining force

Apr 02, 2001 (Airline Financial News/Phillips Publishing via COMTEX)
-- The flooding of the domestic Australian market with an exces of
discount tickets l the region's major airlines to warn of a major
drop in profits for the remainder of the 2000-2001 financial year.

Qantas' shares plung 10 percent to 1998 on a levels on March 28. "The
past couple weeks have seen a substantial increase in the horizontal and range
on domestic ways ...

...