I've heard news more offshore airlines flying into Australia and filling some of the gapes left by Qantas' and Virgin's cutbacks.
Good news for Flight Centre:
"Travel agency Flight Centre says its before-tax results for 2008 are up by 40 per cent. Its final figures will be released in August."
"Analysts fear Qantas may be being too pessimistic at a time when international rivals such as Cathay Pacific and Singapore Airlines are increasing their flights into Australia."
Read more here:
http://www.abc.net.au/news/stories/2008/07/22/2310480.htm
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