Qantas: fuel costs greater threat than terrorism.

The Age – The soaring price of fuel poses a greater commercial challenge to Qantas than terrorism, SARS or the Asian tsunami, airline boss Margaret Jackson says.

In a lecture in Canberra on Wednesday, the Qantas chairwoman said she did not know how high fuel prices would go, or how long they would stay at record levels.

Ms Jackson said the price of fuel was having a major impact on Qantas’ business – more so than the commercial and logistical challenges the airline faced after the September 11, 2001 terrorist attacks, the bombings in Bali a year later and the SARS epidemic which disrupted the aviation industry.

The Age