Qantas Bull Optimistic on Ultra-Long-Haul Rollout -- Market Talk

Dow Jones
06/19
 

2312 GMT - Qantas Airways' bull at Citi is cautiously optimistic on the Australian carrier's rollout of ultra-long-haul services. Analyst Samuel Seow thinks that the investment case for Qantas's initial Sydney-London nonstop route appears reasonable. He tells clients in a note that the airline currently generates a 20% revenue-per-average-seat-kilometer premium on its comparable Sydney-Perth route. The A350 craft Qantas is using on the routes can also carry more freight, he adds. With Qantas rolling out its ultra-long-haul services on more proven and profitable routes, Seow thinks the planned phasing de-risks the early stages of the project. Citi has a "buy" rating on the stock and a target price of 10.40 Australian dollars. Shares are at A$9.99 ahead of the open. (stuart.condie@wsj.com)

 

(END) Dow Jones Newswires

June 18, 2026 19:12 ET (23:12 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

應版權方要求,你需要登入查看該內容

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

熱議股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10