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By Byron Kaye and Himanshi Akhand
SYDNEY (Reuters) -Australia's biggest airline Qantas Airways said on Monday it will spend more than previously planned to improve "customer pain points" but warned spiralling fuel costs may force it to raise fares from already-elevated levels.
The update sent its shares down as much as 2.5% to a one-year low as investors questioned the airline's ability to grow profit given persistently high costs.
The company, under a new CEO, is trying to navigate a path be...
>>> Read more: Qantas warns rising fuel costs may hit fares
SYDNEY (Reuters) -Australia's biggest airline Qantas Airways said on Monday it will spend more than previously planned to improve "customer pain points" but warned spiralling fuel costs may force it to raise fares from already-elevated levels.
The update sent its shares down as much as 2.5% to a one-year low as investors questioned the airline's ability to grow profit given persistently high costs.
The company, under a new CEO, is trying to navigate a path be...
>>> Read more: Qantas warns rising fuel costs may hit fares
