Qantas profits have fallen more than 13 per cent in the previous financial year, with the war in the Middle East fueling the slump.

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.

The company said its fuel bill jumped by over $600 million.

The company said its fuel bill jumped by over $600 million.

The company said its fuel bill jumped by more than $600 million.