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.

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