Collapse of Rex Sees Domestic Airfares up by as Much as 95 Percent: ACCC

The collapse of Rex Airlines has seen contributed to the soaring price of airfares in recent months.

Two passengers walk past a Qantas jet at the International terminal at Sydney Airport in Sydney, Australia, on March 10, 2020. Mark Evans/Getty Images

The Australian Competition and Consumer Commission (ACCC) report has found a lack of competition in the country’s domestic aviation industry has driven up the price of airfares, in some cases by as much as 95 percent.

The most recent Domestic Airline Competition report shows that since Rex Airlines suspended its metropolitan routes, passengers have been paying significantly more to travel.