Key facts
- Qantas raised its first-half fuel cost forecast to A$3.75 billion from A$3.6 billion.
- The airline said it expected fuel prices to stay elevated for the rest of the financial year.
Qantas Airways raised its first-half fuel cost forecast to A$3.75 billion ($2.61 billion) from A$3.6 billion, the airline said on Friday, in a report dated November 6, 2026. The carrier also said fuel prices were expected to stay elevated for the rest of the financial year.
The report did not state the reason for the increase or give a figure for the prior forecast period. It also did not say whether the airline planned to offset the higher costs through fares or other measures.