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flag Qantas raises fares and cuts flights due to soaring fuel costs.

flag Qantas is raising fares and cutting domestic flights due to soaring fuel costs from the Middle East conflict. flag Jet fuel prices have more than doubled, pushing the airline's fuel expenses for the second half of 2026 to up to $3.3 billion. flag Qantas is shifting capacity to Europe as it warns airfares will likely stay high.

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