Qantas profits dip to lowest in four years as jet fuel costs climb after Iran conflict

Airline declines to predict impact of new carry-on luggage charge on Jetstar revenue or ticket sales, saying it is offering customers ‘choice’

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Qantas has recorded its lowest pre-tax profits in four years, at $2.06bn, after the US war on Iran pushed up its fuel costs by $610m.

Australia’s national airline also announced it would phase out its Airbus A380 models as it prepares to add new planes to its fleet, handing down annual results on Thursday.