InvestSMART
The Intelligent Investor Growth Fund is listing on the ASX. Initial Offer closes Friday.

FIFO drop hits airfares

Australia's airlines face pricing pressure as they battle for fly-in, fly-out (FIFO) contracts in the wake of the downturn in the mining sector. The FIFO aviation industry, which services about 100,000 resources workers, has undergone a period of consolidation in recent years, with Qantas and Virgin buying up smaller airlines.

Australia's airlines face pricing pressure as they battle for fly-in, fly-out (FIFO) contracts in the wake of the downturn in the mining sector. The FIFO aviation industry, which services about 100,000 resources workers, has undergone a period of consolidation in recent years, with Qantas and Virgin buying up smaller airlines.

Join the Conversation...

There are comments posted so far.

If you'd like to join this conversation, please login or sign up here

Related Articles