Qantas Group reported on July 27 that FY2026 results to June 30 were hit by higher fuel costs linked to the Middle East conflict: pre-tax profit fell 13.8% YoY to AUD2.06bn (≈USD1.47bn) and net profit fell over 19% to AUD1.29bn (≈USD0.92bn). CEO Vanessa Hudson said fuel costs increased by AUD610m due to the fighting.

2026-08-27

Qantas Group reported on July 27 that FY2026 results to June 30 were hit by higher fuel costs linked to the Middle East conflict: pre-tax profit fell 13.8% YoY to AUD2.06bn (≈USD1.47bn) and net profit fell over 19% to AUD1.29bn (≈USD0.92bn). CEO Vanessa Hudson said fuel costs increased by AUD610m due to the fighting.