More cheaper airfares are just around the corner for Australian travellers.

Singapore Airlines Regional Vice President South West Pacific, Paul Tan, has indicated fares will fall lower after launching V airline Down Under.

The launch of V Australia means that Qantas near-monopoly on the trans-Pacific route is coming to an end and also represents progress with the Australian Governments commitment to consider further liberalisation of the route.

It's thought a previous Governments commitment will remains in place that V Australia will be given time to establish itself before further liberalisation of the trans-Pacific route would be permitted.

Sir Richard Branson and NSW Premier Morris Iemma have both welcomed the competition, lower fares, increased tourism and employment opportunities that V Australia will bring  imagine what the result would be if Singapore Airlines was allowed to operate across the Pacific from Australia.

The fleet could facilitate flights not only from Sydney, but Australia's  other capital cities, including Melbourne and Brisbane too.

"The Open Skies Agreement signed by Australian Prime Minister Kevin Rudd MP, in Washington is a welcome step, but the skies cant truly be considered open until carriers like Singapore Airlines are allowed to fly the route," Mr Tan told Stay 247.com.

"Like Australian Transport Minister Anthony Albanese, Singapore Airlines also believes it is in Australia's  best interest to have more access to the US market. We look forward to meeting the Minister, to discuss the progress of further liberalisation on the trans-Pacific route."


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