An invasion by Asian budget carriers into Australia's lightly protected aviation market looks likely to threaten the excellent profits of incumbents Qantas Airways and Virgin Blue Airlines. Singapore-based Tiger Airways, a pure low-cost airline, is moving on to Australian domestic routes, while Malaysia's AirAsia Long Haul, also super-low-cost, assaults the international sector. Both moves threaten the ability of Qantas to confine the operations of its own budget carrier, Jetstar, to ...

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