# Qantas profits fall to four-year low as Iran conflict drives up fuel costs

https://mins.news/en/item/33784

- The Guardian, 2026-08-27 01:11 UTC
- Economy
- Original: https://www.theguardian.com/business/2026/aug/27/qantas-profits-lowest-in-four-years-jet-fuel-costs-iran-conflict

> Qantas reported pre-tax profit of A$2.06bn, its lowest in four years, after the US war on Iran added A$610m to fuel costs. The airline will phase out its Airbus A380s and declined to forecast how Jetstar’s planned carry-on luggage charge will affect revenue or ticket sales.

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