Qantas profits dip following Middle East war

Qantas is feeling the pinch as its profits have dropped by over 13% in the last financial year, largely due to the disruptions caused by the Middle East conflict. The war has led to increased fuel costs and security measures, which have squeezed the airline's bottom line. This downturn underscores the vulnerability of global businesses to geopolitical instability, highlighting the broader economic implications of international conflicts. The dip in Qantas's earnings also raises questions about the resilience of Australia's aviation sector in the face of global uncertainties.