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Australian airline Qantas raises domestic air fares on fuel costs

Other News Materials 11 February 2011 08:22 (UTC +04:00)

Australia's Qantas Airways Ltd announced on Friday it would increase ticket prices for domestic, trans-Tasman and regional services from February 25 due to high fuel costs, Xinhua reported.

The announcement follows the airline's decision revealed a week ago that it would lift fuel surcharges on its international flights from Feb.19.

Qantas chief executive Alan Joyce said the airline said a " modest fare increase" was the best way to recover some of the higher cost of fuel.

"While we have been absorbing higher fuel costs for some time, this increase is an appropriate response to this significant and additional cost to our business," Joyce said in a statement.

Fare increases will be up to five percent, Qantas said.

Joyce said the increases would not fully recover the costs associated with higher fuel prices.

He also said he could not rule out further fare hikes "should they be necessary".

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