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Qantas Slashes Flights in Australia as Rising Oil Prices Bite

  • Airline cuts domestic schedules until the end of March
  • Cuts due to rising fuel prices likely to drive fares higher

Qantas Airways Ltd. slashed domestic flight schedules through to March next year to help offset the rising cost of fuel, a step that’s likely to drive fares even higher.

Flying in Australia from July to September will be cut by 15%, more than the airline previously forecast, Qantas said Friday. Some 10% of flights will be scrubbed from October to the end of March.