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The Guardian - AU
The Guardian - AU
Business
Luca Ittimani

Qantas hikes international air fares citing volatile oil prices from war in Middle East

Qantas Oil Middle East Europe the Middle East
Qantas planes lined up at Sydney airport
Qantas says it is considering adding capacity to its Europe routes, which connect through the United States, Asia and South Africa. Photograph: Hollie Adams/Reuters

Qantas has announced it is increasing the price of its international air fares amid oil price volatility caused by the war in the Middle East, while the airline also reported higher-than-normal ticket sales for flights to Europe.

While the company hedges against change in jet fuel prices, it was not fully covered for the spike seen in the wake of surging oil prices, a spokesperson said on Tuesday.

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