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New airline likened to Ryanair to launch low-cost flights at 3 airports

Peter Kelly says the Ryanair-style start-up will use one aircraft type and high-frequency trunk routes to keep costs low.

  • Former Qantas executive Peter Kelly is seeking approximately $140 million to launch Zinc Aviation, an ultra-low-cost carrier based at Western Sydney International Airport and modeled on Ryanair.
  • Australia's aviation sector has witnessed numerous failed ventures, with operators such as Compass, Impulse and Bonza having ceased trading. Zinc asserts it will succeed by avoiding the slot constraints at Kingsford Smith Airport that hampered previous competitors.
  • Zinc will rely on a lean operating model, running planes for "12 hours a day minimum," while deploying a single aircraft type, the Airbus A321neo, across high-frequency trunk routes.
  • An ultra-low budget airline like Zinc has the potential to bring ticket prices down across the board, Professor Rico Merkert from Sydney University said, though he noted Jetstar will likely push back against the new competitor on profitable routes.
  • Global fuel price volatility, exacerbated by conflicts in The Middle East, presents a significant risk to jet fuel costs; Kelly maintains there is strong appetite for more competition from the Australian Competition and Consumer Commission.
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Proposed new airline could face squeeze from giants

Existing airlines won't roll over to make room for a proposed new competitor in their most profitable "Golden Triangle" routes, experts say.

·City of Perth, Australia
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A former Qantas and Ansett executive, Peter Kelly, wants to launch Zinc Airlines, an ultra low cost carrier based at the new Western Sydney International airport, presented as "Australia's first independent ultra low cost carrier." The project, inspired by Ryanair's model, is based on a homogeneous fleet of Airbus A321neo, bases in Western Sydney and a high frequency domestic network, but it remains conditioned by a fund raising of approximately…

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Daily Express broke the news in United Kingdom on Monday, May 18, 2026.
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