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Qantas CEO Navigates Fuel Crisis

Published 4 days, 10 hours ago
Description

Qantas CEO Vanessa Hudson faces another crisis as fuel prices surge 150% due to Iran conflict, forcing airfare hikes and potential $70-90 million hit to profits. Airlines worldwide react with surcharges and rerouting, while Virgin Australia benefits from fuel hedging. Oil prices remain volatile, impacting Qantas shares, as the industry braces for more uncertainty.

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