OzJet, Australia's first premium-only airline, suspended scheduled operations after only three months, citing its failure to break the stranglehold of Qantas and Virgin Blue on the business travel market. It cancelled its Sydney-Melbourne service and will not proceed with plans to establish flights to Perth next month. About 70 employees lost their jobs. The airline is expected to continue a limited charter operation, scaling down its 737-200 fleet from four to two and keeping approximately ...

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