Qantas says it will be reviewing its airfare pricing every fortnight, and may cut flights, as it grapples with soaring fuel costs and a highly volatile market brought on by war in the Middle East.
Qantas’ head of international flying, Cam Wallace, told a Tourism Australia conference that predicting airfares for the next three months is “really challenging” because “costs have increased in a way that I’ve never seen in my 30 years in airlines”.