Get all your news in one place.
100's of premium titles.
One app.
Start reading
The Guardian - AU
The Guardian - AU
Business
Patrick Commins

Will Qantas and Virgin continue raising fares and cutting routes? This graph may give the answer

Views of Qantas airbus taking off as a Virgin aircraft taxies on the tarmac at Sydney airport
Qantas and Virgin Australia said suppliers had assured them of fuel supply ‘well into May’, suggesting fuel availability will become more pressing than just sky-high prices. Photograph: Bloomberg/Getty

Thanks to the US-Israel war on Iran, filling up your car with petrol costs about 40% more than it did in February, and for diesel vehicles it’s closer to 80%.

But even those painful increases pale in comparison to the extraordinary rise in the price of jet fuel, which has climbed by a 125% since the start of the Middle East conflict.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.