Australia's Qantas Airways wants to reach a commercial settlement with Rolls-Royce over last year's explosion of an engine during a Qantas flight, says the airline's chief executive.
Alan Joyce said the airline wanted an out-of-court settlement with Rolls-Royce.
He said he expected airlines to start raising fuel surcharges and fares as markets improved and to compensate for rising oil prices.
Qantas shares have fallen about 13% since the November 4 A380 incident over Indonesia but analysts attribute part of the decline to soaring fuel prices and the effect on travel of severe flooding in Queensland.
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