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Qantas lifts ticket prices, refocuses international network amid rising jet fuel prices
April 15th 2026
Qantas Group has raised airfares in response to the recent jump in jet fuel prices due to the Israel and U.S.-led war against Iran. Read More » The parent of Qantas Airways and Jetstar Airways said its estimated fuel bill for the six months to December was expected to be in the range between A$3.1 billion and A$3.3 billion (US$2.2 billion to US$2.4 billion), up from the previous forecast of A$2.5 billion in February. In addition to fare increases, Qantas has redeployed capacity from U.S. routes and its domestic network in response to the changed market conditions. Qantas domestic capacity was expected to shrink 1% in the three months to June 30, compared with its previous market guidance of a 4% increase. Qantas’s international capacity was forecast to grow 9% in the quarter, a two-percentage-point increase from the expected 7% growth the airline guided the market to in February. "Qantas continues to see strong demand for international travel to Europe as customers seek alternative routes," the company said in a regulatory filing. "In response, the group has redeployed capacity from the U.S. and its domestic network to increase flights to Paris and Rome. The group continues to closely monitor the dynamic environment and retains optionality to take further actions to mitigate fuel cost increases over time."
