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Australia's Zinc Airlines seeks US$143mn for ULCC launch
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Australia's Zinc Airlines seeks US$143mn for ULCC launch
Former Qantas executive Peter Kelly is seeking to raise AUD200 million Australian dollars (USD143.3 million) to launch Zinc Airlines, an ultra-low-cost carrier (ULCC) modelled after Ryanair, according to Australian media. The proposed ULCC plans to commence operations about 17 months after it secures the required financing. The start-up will base its network at Sydney Nancy Bird Walton when the facility opens in October 2026. Zinc Airlines inten…
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