Qantas tumbles on concern fuel, Plane costs to weigh on profit

SYDNEY,23 AUGUST 2018 (BLOOMBERG) – Qantas Airways Ltd. shares tumbled the most in 10 months on concern rising fuel prices and the cost of aircraft ownership will erode earnings even after the Australian carrier reported record annual profit. The stock, which had rallied more than 30 percent this year before today‚Äôs announcement of results, fell […]

Continue reading this article with a Fiji Times online membership.

More Stories