Weakened currency is stagnating the growth of Australia’s international aviation market, and the country is poised to see a transition to a greater focus on inbound rather than outbound traffic, according to a study by CAPA-Center for Aviation. The weakened Australian dollar has made the market much less attractive to overseas airlines, CAPA said. While Australia has traditionally had strong outbound international traffic, a lower Australian dollar means fares have declined 40% when ...

Subscribe to Access this Entire Article

"CAPA: Weak currency holds Australian aviation market flat" is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions? ATWPlus@penton.com.

Already registered? Log in here.