The Age
·general
·5 hours ago
Qantas warns of $800m blowout in fuel costs driven by Iran war
Qantas warned of an $800 million increase in fuel costs due to the US-Israel war with Iran, impacting profit projections. The airline expects its second-half fuel bill to reach between $3.1 billion and $3.3 billion. Despite higher international revenue forecasts, rising fuel prices have prompted cuts to fourth-quarter domestic travel projections.
Summary by Glance · The Age
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