Qantas to raise airfares, cut flights as fuel costs bite

Qantas, the world's largest carrier, is raising airfares and cutting domestic flight schedules to tackle rising fuel costs. Jetstar and Qantas are scaling back their schedules in Australia, with a forecasted fuel bill of $3.75 billion. Higher fares in Australia, where flying is unavoidable, would add to growing cost-of-living pressures from rising interest rates.

Summary by OZbrief Editorial · SMH · Source