Qantas Eyes Fare Hikes and Jetstar Fee Expansion Amid Profit Slump

Qantas is considering increasing ticket prices and expanding add-on fees at its budget airline, Jetstar, following a significant drop in pre-tax profits to a four-year low. The airline cited rising fuel costs as a primary contributor to the financial downturn.

Despite economic pressures affecting consumers, Qantas chief executive Vanessa Hudson indicated that strong passenger demand provides an opportunity to generate more revenue. The company is exploring these measures as a response to the challenging financial climate, while also noting that Jetstar's new carry-on luggage charge is intended to offer customers greater flexibility.