Qantas ups fares by 3% due to fuel costs

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  • MarcusGB
    Participant

    Sydney – Australia

    Today, Qantas raised fare prices by 3.5%, and their low cost side Jetstar by 3% !
    This applies to both Domestic and International fares!
    This has been stated as tracking the World Oil prices, also restrictions on supply, but the War in The MIddle East adding general Economic concerns, and a weaker AUS$.

    I was searching from here in Sydney, domestic fares with Qantas, Virgin Australia, and REX, for different domestic routes. Qantas was charging 4-6 times the Economy fare for a Business ticket each way to Melbourne, on the usual 738 aircraft. This was double that of Rex and About 80% more than Virgin Australia.
    To Darwin,they were charging almost £1,000 ($1,945) each way Business on a flight to Darwin, of 4 hrs, on a 738!
    Quite a Rip Off!

    Flights were less to Auckland – NZ of 3hrs.
    On Emirates, Air New Zealand, with excellent Long Haul Premium Economy Cabin fares on Dreamliners, 777’s, or EK’s A380, less than a domestic Business fare On Qantas.

    And i wonder why my friends and colleagues wont “Go Domestic”, in this amazing Country, but fly to Bali for around £350 return for holidays, or Thailand & Malaysia for a little more!!!

    As if Qantas has not had enough bad press in recent months, as highlighted by Numerous Posts on here.
    They are now rated as the Most Untrusted Company with least reputation it has ever had within Australia, and Global Airline ranking. Many evidentials but one…

    https://indaily.com.au/news/business/2023/06/22/qantas-plummets-in-global-rankings/

    However, will this increase be now the pattern of other Airlines, for fuel cost reasons, when fares from all our perspectives expressed on here, are at the highest levels for many years?


    cwoodward
    Participant

    There appear to be significant cost pressures for all airlines all along their supply chains as will as persistently high interest rates and again rising fuel prices.

    Cathay Pacific said in an interview piece in the SCMP that although they were not increasing fares consumers should not expect much reductions ether than perhaps via special promotions.
    Cathay being part of the huge Swire group enjoys some financial advantages not enjoyed by stand alone-non government financed airlines who will almost certainly need to raise ticket prices.

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