Brisbane Times
·general
·5 hours ago
Qantas warns of $800m blowout in fuel costs driven by Iran war
Qantas has warned of a potential $800 million increase in fuel costs due to the US-Israel conflict with Iran, impacting its profitability. The airline's second-half fuel bill is now projected to reach between $3.1 billion and $3.3 billion. Analysts expect a $400-$500 million hit to Qantas' full-year profits as domestic demand declines.
Summary by Glance · Brisbane Times
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