Qantas Airways said its fuel bill for the first half of fiscal 2024 could increase by 200 million Australian dollars (US$128.82 million) due to higher oil...
SYDNEY — Qantas Airways QAN, -1.88% said its fuel bill for the first half of fiscal 2024 could increase by 200 million Australian dollars due to higher oil prices and a lower Australian dollar.
“The group will continue to absorb these higher costs, but will monitor fuel prices in the weeks ahead and, if current levels are sustained, will look to adjust its settings,” Qantas said. “Any changes would look to balance the recovery of higher costs with the importance of affordable travel in an environment where fares are already elevated.”
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