US EditionQantas Hikes Fares on International Routes as Fuel Costs Surge on ...
Jet fuel costs have surged 150% in two weeks, causing Qantas and partners to raise fares and cancel flights amid Middle East security disruptions, officials said.
- On Tuesday, Virgin Australia said two Qatar Airways flights were cancelled from Tuesday through Friday while Qantas International and Jetstar raised fares to cover jet fuel costs.
- Fuel prices have surged to $US150–$US200 per barrel after a joint US-Israeli war in Iran cut off the Strait of Hormuz, pushing Qantas Group's jet-fuel costs 150 per cent higher.
- Services from Perth to London and Paris and via Singapore are more than 90 per cent full, and Qantas said 'There have been strong bookings in recent weeks across parts of our international network for travel over the coming months'.
- The carrier warned of earnings impacts and initial fare changes as Air New Zealand suspended FY2026 guidance, increased fares, and expects a material hit to second-half earnings.
- Qantas is exploring redeploying capacity into Europe in the coming months as airlines warn of network adjustments if fuel costs remain high.
28 Articles
28 Articles
derwesten.de
The war in the Middle East is causing a drastic increase in air fares, and on some routes they now cost thousands of euros.
Al-Monitor
Airlines grapple with impact of Mideast war
Global airlines are grappling with the effects of the war in the Middle East, as fuel prices soar and customers reassess their travel plans.The war has sent the price of oil and gas soaring, after Iran's Revolutionary Guards vowed to choke off traffic in the Strait of Hormuz, one of the world's key energy transit routes.The average global price of jet fuel has surged even faster, reaching $173.91 per barrel on Monday, according to the Platts ben…
Qantas hikes fares due to Iran war's impact on jet fuel prices
Qantas is joining other international airlines in increasing airfares as the US-Israeli war in Iran drives up the cost of jet fuel.The airline announced that international fares will go up this week after the cost of jet fuel rose by up to 150 per cent in just a fortnight."Qantas International is increasing fares this week in response to rising costs including the significant increases in jet fuel prices," the airline said in a statement.READ M…
War interrupted an important oil export corridor, raising costs and tariffs on some roads and deepening concern with wider impact on global travel
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