Qantas increases fares in response to record fuel prices

THE rising cost of jet fuel has once again prompted Qantas to increase the price of its air tickets.

Qantas said its international air fares would rise by around 4 per cent and domestic fares by about 4 per cent for tickets issued in Australia from June 4..

The increases follow hikes of about 3 per cent for international fares and 3.5 per cent for domestic fares earlier this month..

Qantas chief executive Geoff Dixon said the increases were unavoidable given the continuing high costs of oil..

“Oil and jet fuel prices continue to break records, with West Texas Intermediate (WTI) spot crude oil passing $US134 a barrel overnight and Singapore Jet Fuel today trading at nearly $US166 a barrel,” he said. .

Herald Sun