The Guardian Australia
·general
·2 hours ago
Qantas and Virgin Australia cut flights and raise fares amid rising fuel
Qantas and Virgin Australia announced flight cuts and fare increases due to a 125% rise in jet fuel prices since the onset of the Iran conflict. Analysts predict Qantas's earnings per share will be 19% lower this financial year as resilient demand for travel persists despite fuel cost pressures.
Summary by Glance · The Guardian Australia
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