The Age
·general
·1 hour ago
Iran war leaves Qantas suppliers ‘nervous’ amid high jet fuel prices
Qantas suppliers are "nervous" about purchasing excess aviation fuel at high prices after Iran conflict reduced international flights to Australia by roughly 20 percent, CEO Vanessa Hudson said Tuesday. The airline faces approximately $700 million in extra fuel costs this half. Qantas and budget subsidiary Jetstar are trimming domestic routes by 5 percent as market dislocations pressure the aviation sector.
Summary by Glance · The Age
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