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"The US currency is weak [compared to the Australian dollar] and I expect US carriers to undergo a period of consolidation rather than expansion."
Qantas said it had supported the Australian government's efforts to fully liberalise air services. "This had been largely achieved," said Geoff Dixon, Qantas chief executive.
Under current arrangements, American carriers are able to set up local operations in Australia, although Australian carriers cannot do the same in the US.
However, Mr Dixon said the agreement would provide new opportunities for growth and competition.
"It will assist the further development of Australia's aviation industry, as well as help increase trade and tourism with a major economic partner," Mr Dixon said...
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Common topics in this essay:
- Accounting Analysis Of Virgin Blue
- american and australian economies
- Comparison and Contrast of Strategic Development between Virgin Atlantic and Singapore Airlines
- Consumers’ Trade-Off Between Relationship, Service Package And Price
- Marketing analysis of Jetstar and Virgin Blue airlines
- NORTH AMERICAN FREE TRADE AGREEMENT
- The Competitive Environment Of Virgin Airlines
- The North American Free Trade Agreement
- United Airlines Service Offering
- Virgin Blue Airlines
- Virgin Blue Opportunities / Threats
- Virgin Blue
- Virgin Blue
- The IMF is a convenient scapegoat for the failure of politicians to properly manage the economies of their countries
- The North American Free Trade Agreement
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