Business

Qantas Reports Lowest Profits Amid Rising Fuel Costs

Updated 2026-08-27 01:25 UTC 1 source Negative

Qantas reported its lowest pre-tax profits in four years, at $2.06 billion, due to increased jet fuel costs following the Iran conflict. The airline declined to predict the impact of new carry-on luggage charges on Jetstar revenue or ticket sales.

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The Guardian

Qantas profits dip to lowest in four years as jet fuel costs climb after Iran conflict

Airline declines to predict impact of new carry-on luggage charge on Jetstar revenue or ticket sales, saying it is offering customers ‘choice’Qantas has recorded its lowest pre-tax profits in four years, at $2.06bn, after the US war on Iran pushed up its fuel costs by $610m.Australi

2026-08-27 01:11 UTC