SMH
·general
·1 hour ago
Iran war leaves Qantas suppliers ‘nervous’ amid high jet fuel prices
Qantas suppliers are nervous about purchasing aviation fuel at high prices amid a 20 percent drop in international flights to Australia caused by the Iran conflict, CEO Vanessa Hudson said Tuesday. The airline faces approximately $700 million in extra fuel costs through June. Qantas has trimmed domestic routes by 5 percent and deferred aircraft fleet investments to manage the crisis.
Summary by Glance · SMH
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