A tale of two countries: Comparing the dynamics of Australia and Canada's domestic markets

The domestic airline markets of Australia and Canada are each dominated by two airline groups. Qantas Group and Virgin Australia maintain a 94.6% share in the domestic Australian air market, while Air Canada and WestJet hold a 69.4% market share in Canada.

Challenging market conditions and a complex regulatory environment render it difficult for new entrants to succeed, as seen with the shutdown of Lynx Air, Bonza, and Canada Jetlines in recent months, as well as for long-standing independent carriers including Rex Airlines, which has entered voluntary administration.