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Qantas Expects ‘Seven-Year Shocks’. Trump Has Accelerated the Timeline

Qantas raised fares about 5% as fuel costs surged 150%, with analysts estimating $70 million to $90 million in pretax profit losses from Iran conflict impacts.

At Qantas HQ in Mascot, a team is gaming out Iran war scenarios and potential responses, but the airline won’t be able to dodge a hit on its profits.

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Phil's Stock World broke the news in on Tuesday, March 10, 2026.
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