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Sky high airfares are here to stay

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As the aviation sector reboots, airfares have never been higher

 
After months of pandemic-related restrictions and consumer caution, the aviation sector is back.

International borders are open, profit margins are healthy and jets are once again crammed with passengers.

It’s a far cry from the days of widespread job losses, baggage handling chaos, cancellations and delays.

But it’s not all good news.

Flight prices are at historic highs and experts warn they’re only going to get more expensive.

So what’s causing this and is there any end in sight?

For more, Ticker’s William Howard spoke with Dr Maneka Jayasinghe from Charles Darwin University. #trending #featured

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Why the meme-stock frenzy is unlikely to repeat

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GME shares surge 74%, but experts stress a meme-stock frenzy resurgence is unlikely due to fundamental differences in the company’s financial situation.

Australia’s budget unveils a second consecutive surplus of A$9.3 billion, prioritising the critical minerals industry and green energy initiatives to reduce reliance on Chinese supply.

Also, GameStop shares have surged 74%, but experts caution against expecting a repeat of the 2021 meme-stock frenzy. #featured #trending

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Why are airlines after the Biden Administration?

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Major airlines are taking legal action against the Biden administration over a newly implemented rule requiring them to disclose fees upfront.

On this episode of Hot Shots – Major airlines are suing the Biden Administration, AI-piloted fighter jets, SpaceX faces funding challenges, and Apple receives crushing feedback.

Ticker’s Ahron Young & Veronica Dudo discuss. #featured #trending

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The mounting pressure on Government spends

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Questions abound regarding the factors fueling this inflation surge in Australia and whether it correlates with the escalating government expenditures.

Concerns extend to how Chalmers navigates the mounting pressure amid discrepancies in spending allocations.

Moreover, as Australians grapple with the reality of rising living costs, the feasibility of cutting spending becomes a pressing issue. Additionally, amidst economic uncertainties, individuals seek guidance on managing stock market risks effectively. #Featured #Trending

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