Steve and Grant are introduced to a whole new term this week: “Drip Pricing” – it seems the ACCC are using the term to cover all the various additional charges that most airlines (especially the “low cost” ones) are using. Apparently they may be considered “false representation” or “misleading or deceptive conduct.”
Meanwhile, in other news:
- The newly elected Australian Federal government has launched their Aviation Safety Review as they promised in the election (a kept promise? Grant is amazed!).
- Virgin Australia are raising an extra $350 million via a “rights issue” which could be an indication that they *might* go private (despite Air New Zealand denying it strongly).
- The Australian Defence Force provides heavy lift assistance to help get emergency equipment, supplies & medical teams to the Phillipines.