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finance

Qantas weighs fare hikes as profits hit four-year low

Rising fuel prices have pushed Qantas to its lowest pre-tax profit margins in four years, prompting leadership to explore ticket price increases across the network. The Australian flag carrier will also introduce new carry-on baggage charges for passengers flying on its budget subsidiary, Jetstar. Chief Executive Vanessa Hudson noted that travel demand remains robust despite broader economic challenges. For commercial aviation students, this highlights how major airlines continuously adjust ancillary revenue models to balance volatile operating expenses against persistent passenger demand.