Original article by Steve Creedy
The Australian – Page: 17 : 28-Jan-15
Qantas Airways has started the process of phasing out fuel surcharges, which will now be folded into the base fare. CEO Alan Joyce says the exact date for the complete removal of the levy cannot yet be given. Qantas has gained an additional $A30m during the first six months of 2014-15 due to the recent crude oil price fall. Joyce also notes that an Australian dollar foreign exchange rate of between $US0.70 and $US0.80 is optimal for the carrier, as fuel costs are higher but revenue generated overseas is worth more
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