Qantas announces significant fare hikes

Aussies who are looking to cut costs when booking an overseas trip will have to make an extra effort to find the best exchange rates and travel money cards in order to compensate for the rising cost of plane tickets.

Qantas chiefs have revealed that fares on the company's services will go up by as much as $60 for international flights, the Australian Associated Press reports.

Domestic passengers will not be hit so hard in the pocket, as the cost of these flights will only go up by between $3 and $6. All of its Jetstar domestic services will increase by $10 as of July too.

The firm has blamed the high cost of fuel and carbon pricing schemes in Australia and Europe for the action.

"Higher jet fuel costs and carbon pricing will impact future ticket prices for Qantas and Jetstar passengers travelling domestically and internationally," a statement read.

Last week, e-Travel Blackboard reported that Flight Centre's managing director Graham Turner said that fares to the UK are currently low and the high Australian dollar has made Britain increasingly attractive to travellers.

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