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Qantas expects Gulf carriers to make fuel surcharge moves

4-Feb-2011 9:32 AM

Qantas CEO Alan Joyce stated he does not expect the airline's fuel surcharge increase to make it less competitive (Australian Financial Review, 04-Feb-2010). Mr Joyce said he believes more competitors offering international services from Australia will do the same thing.

Qantas: "The imperative on everybody is to do it, because fuel prices impact all the international carriers. Our view is a lot of the Middle Eastern carriers are losing a significant amount of money and if they don't move on fuel surcharges, it increases the losses they have to digest." Alan Joyce, CEO. Source: Australian Financial Review, 04-Feb-2011.