Qantas cuts domestic flight capacity and raises fares as fuel costs could blow out to $3.3b

https://www.abc.net.au/news/2026-04-14/qantas-cuts-domestic-flights-as-iran-war-fuel-rises-hit/106562204?utm_source=abc_news_app&utm_medium=content_shared&utm_campaign=abc_news_app&utm_content=link

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29 Comments

  1. yeah_nah_probably on

    I for one think it’s about time the tax payer bailed Qantas out, poor things. They should probably fire a few thousand as well due to the conditions.

  2. SensitiveFrosting13 on

    They made $1.6bn AUD profit after taxes last year, $800m more in fuel costs seems fine. Especially as they’re no doubt going to raise the shit out of prices.

    Not to mention the $2.7bn they stole from taxpayers.

  3. redditmethisonesir on

    A lot of the travel is inflexible, so raising prices to cover fuel shouldn’t result in reduced capacity unless they go seriously high.

  4. AnonymousSocky on

    It’s fine! Let’s just let the tax payer bail them out and then they can never pay us back but instead spit on our face by permanently raising prices.

  5. Classic-Gear-3533 on

    Companies with monopolys (or duo /olig), shouldn’t expect to have good times for shareholders all the time. There must be a way of dealing this while encouraging improved efficiency

  6. irasponsibly on

    If only we had some kind of alternative to move large numbers of people between cities and towns without using jet fuel… electric, or diesel-electric in the regions maybe… nah, that’d never work. Better give airlines another few billion.

  7. Original_Giraffe8039 on

    All it means is they are shedding all their ghost flights that never happen and have to change more for realistic scheduling

  8. This company really does not give a shit about Australia any longer does it. It’s just a trough for overpaid executives.

  9. How does reducing capacity improve ROI?

    Surely increasing capacity would allow them to carry more people and therefore make more.

  10. typical_3ft_grey on

    Qantas up its old tricks. Having a huge sook and fucking Aussies over at the same time

  11. Blind_Guzzer on

    Lets see how long it takes Qantas to drop airfare prices once fuel goes back to normal…. right..?

  12. Active-Set8885 on

    If you book a Qantas or Jetstar international flight in the next few months, leave May return August, is there any guarantee they will have the fuel to get back to Australia? Specifically into SE Asia where fuel issues are growing. What’s the risk factor getting back to Australia? No crystal ball but have forward bookings been accounted for fuel wise?

  13. GusPolinskiPolka on

    It’s insane they are allowed to justify this. Airlines all have fuel hedging contracts. Their costs in the immediate term have not gone up. Absolute insanity that people just let this happen without outrage

  14. Prestigious_Fan_1061 on

    Uh Oh 😦 Reduction in Capacity means a reduction in Revenue, yet Fuel Costs increase Expenses and Fares and Qantas makes less money 💰… NOT GOOD!!!

  15. They hedged their fuel price though, until November this year. They’re putting prices up and using the fuel crisis as an excuse

  16. Locked in my flight in September before the prices went too high… Hopefully in 5 months thing will simmer down… Or I’m met with a “fuel fee” on check-in.