The company said its fuel bill jumped by over $600 million.
SYDNEY, Aug 27 — Australian airline Qantas said today it expects fuel costs to stay high, after the Middle East war pushed up prices and led to a slump in annual net...
The airline expects fuel costs to remain high, but revenues will grow between 8 per cent and 10 per cent this year driven by fewer seats and higher airfares.
Airline declines to predict impact of new carry-on luggage charge on Jetstar revenue or ticket sales, saying it is offering customers ‘choice’
International passengers were up despite the Strait of Hormuz standoff.
The company said its fuel bill jumped by more than $600 million.
The company said its fuel bill jumped by more than $600 million while chief Vanessa Hudson defended Jetstar’s decision to begin charging for priority access to overhead bins.
Qantas profits have fallen more than 13 per cent in the previous financial year, with the war in the Middle East fueling the slump.
