Qantas Raises First-Half Fuel Cost Forecast 4%, Expects Prices to Stay High
Qantas expects a fuel bill of A$3.75 billion for the six months ending December and said prices are likely to remain elevated for the rest of the financial year.
Australia's Qantas Airways ASX:QAN raised its first-half fuel cost forecast by 4% on Friday and said it expected prices to remain elevated for the rest of the financial year.The country's largest airline said it expected a fuel bill of A$3.75 billion ($2.61 billion) for the six months ending Decemb…