MELBOURNE (Dow Jones) – Qantas Airways Ltd. will increase domestic, regional and trans-Tasman air fares by up to 5% because of high oil and jet fuel prices, the airline said Friday.
"Airlines in Australia and around the world continue to monitor oil and fuel prices very closely, and many have already responded to the current high prices with changes to their surcharges and fares," Chief Executive Officer Alan Joyce said in a statement.
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