The collapse of Rex Airlines has seen contributed to the soaring price of airfares in recent months.
The deal is subject to Foreign Investment Review Board and other regulatory approvals.
Minister Catherine King said overall airfares were trending downward.
The customers have now been changed to business class, with a full refund on offer.
Travellers taking off between July 29, 2024, and March 26, 2025, can nab seats for as low as $109.
Qantas and Virgin have had to cancel a number of flights due to the wild weather.
The plan is subject to regulatory approval and would launch in about a year.
Two recent incidents with badges at Qantas and Virgin Australia have sparked complaints from passengers.
The collapse of Rex Airlines has seen contributed to the soaring price of airfares in recent months.
The deal is subject to Foreign Investment Review Board and other regulatory approvals.
Minister Catherine King said overall airfares were trending downward.
The customers have now been changed to business class, with a full refund on offer.
Travellers taking off between July 29, 2024, and March 26, 2025, can nab seats for as low as $109.
Qantas and Virgin have had to cancel a number of flights due to the wild weather.
The plan is subject to regulatory approval and would launch in about a year.
Two recent incidents with badges at Qantas and Virgin Australia have sparked complaints from passengers.