'Qantas said in August that it would cut around 5 per cent of domestic capacity and exit or pare back unprofitable international routes. On Friday, it said it would start flying between Sydney and Cape Town in South Africa.'
www.afr.com
Qantas points to higher airfares as fuel bill rises more than $1b
The airline said it could keep cutting capacity and increasing prices as a long conflict in the Middle East keeps the price of oil at record levels.
