Australia's domestic aviation market may be on the cusp of its biggest shake-up in years, with two startup carriers — Zinc and Koala Airlines — plotting to challenge the long-standing dominance of Qantas and Virgin. In this episode, Chris Bourke asks global business reporter Angus Whitley why entrepreneurs see an opening despite the industry's brutal track record. 

The episode also explores the hurdles facing any new entrant, from raising capital and securing airport slots to overcoming Qantas' powerful frequent flyer program and the risk of fare wars. Whitley discusses Jetstar's controversial decision to charge for overhead cabin baggage as an example of the pricing power incumbents enjoy — and if more competition could ultimately mean cheaper fares for Australian travellers.

Australia's domestic aviation market may be on the cusp of its biggest shake-up in years, with two startup carriers &mdash; Zinc and Koala Airlines &mdash; plotting to challenge the long-standing dominance of Qantas and Virgin. In this episode, Chris Bourke asks global business reporter Angus Whitley why entrepreneurs see an opening despite the industry's brutal track record. The episode also explores the hurdles facing any new entrant, from raising capital and securing airport slots to overcoming Qantas' powerful frequent flyer program and the risk of fare wars. Whitley discusses Jetstar's controversial decision to charge for overhead cabin baggage as an example of the pricing power incumbents enjoy &mdash; and if more competition could ultimately mean cheaper fares for Australian travellers.

Each week, Rebecca Jones and Bloomberg's team of reporters lift the lid on the biggest stories shaping Australia's place in global business. 

Each week, Rebecca Jones and Bloomberg's team of reporters lift the lid on the biggest stories shaping Australia's place in global business.

Each week, Rebecca Jones and Bloomberg's team of reporters lift the lid on the biggest stories shaping Australia's place in global business.

The Bloomberg Australia Podcast

Each week, Rebecca Jones and Bloomberg's team of reporters lift the lid on the biggest stories shaping Australia's place in global business.

The Startup Airlines Looking to Take on Qantas and Virgin

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/3f600b27-b4bd-4500-a90c-b49e002b0386/transcript