Qantas Bulls Feeling Good About Outlook After Result -- Market Talk
Dow Jones
Aug 28
0035 GMT - Jefferies analysts and Qantas bulls Anthony Moulder and Amit Kanwatia say the outlook for Australia's largest carrier is looking positive. The Jefferies analysts say the airline's FY 2025 underlying profit before tax result was slightly ahead of market expectations, and that travel demand is expected to remain strong through 1H FY 2026. That will support higher capacity growth than expected, they note. Qantas said earlier today that its FY 2025 underlying profit before tax rose some 15%. Investors seem pleased, with Qantas shares rising 13% in recent trade. (mike.cherney@wsj.com)
(END) Dow Jones Newswires
August 27, 2025 20:35 ET (00:35 GMT)
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