Qantas Airways on Tuesday forecasted a higher capital expenditure guidance for fiscal 2024 as the company aims to add to its fleet.

Australia's flagship carrier expects its capex in 2024 to be between A$3 billion ($2.03 billion) to A$3.2 billion, compared to its outlook of A$2.6 billion to A$2.7 billion for fiscal 2023.

($1 = 1.4743 Australian dollars)

(Reporting by Navya Mittal in Bengaluru; Editing by Shailesh Kuber)