{"id":597360,"date":"2026-08-27T07:28:22","date_gmt":"2026-08-27T07:28:22","guid":{"rendered":"https:\/\/www.newsbeep.com\/il\/597360\/"},"modified":"2026-08-27T07:28:22","modified_gmt":"2026-08-27T07:28:22","slug":"qantas-shares-jump-on-earnings-as-airline-updates-business-class","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/il\/597360\/","title":{"rendered":"Qantas shares jump on earnings as airline updates business class"},"content":{"rendered":"

Qantas and Jet Star aircrafts at Sydney Airport. April 10th, 2026, (Photo by Wolter Peeters \/ The Sydney Morning Herald via Getty Images)<\/p>\n

Fairfax Media | Fairfax Media | Getty Images<\/p>\n

Shares of Australian carrier Qantas Airways<\/a> jumped 4% on Thursday after the airline reported<\/a> full-year earnings and unveiled new business-class suites amid growing demand for premium travel.<\/p>\n

Qantas said demand for international travel remained strong, with both Qantas and its low-cost carrier Jetstar increasing capacity and unit revenue, although higher fuel costs weighed on international earnings. International premium cabin revenue grew 15% in fiscal 2026, twice the pace of economy revenue.\u00a0<\/p>\n

The airline unveiled<\/a> new business-class seats for its Airbus A321XLR fleet, including lie-flat beds and privacy doors. The first of 16 aircraft fitted with the seats is expected to arrive in 2028. Additionally, it introduced updated business-class seats for its new Boeing 787-9 Dreamliners. <\/p>\n

The announcements came as Qantas reported underlying profit before tax of A$2.06 billion ($1.48 billion) for the year ended June 30.\u00a0<\/p>\n

The airline expects domestic and international unit revenue to rise 8% to 10% in the first half of fiscal 2027, even as fuel costs are expected to increase.\u00a0<\/p>\n

Citi maintained its “buy” rating on Qantas after underlying profit before tax came about 3% ahead of Visible Alpha consensus, highlighting Jetstar and its loyalty program, Qantas Loyalty, as standout performers.<\/p>\n

Choose CNBC as your preferred source on Google and never miss a moment from the most trusted name in business news.<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"Qantas and Jet Star aircrafts at Sydney Airport. April 10th, 2026, (Photo by Wolter Peeters \/ The Sydney…\n","protected":false},"author":2,"featured_media":597361,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[3199,7148,941,114,357,85,46,190,270137],"class_list":["post-597360","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-asia-economy","tag-boeing-co","tag-breaking-news-markets","tag-business","tag-business-news","tag-il","tag-israel","tag-markets","tag-qantas-airways-ltd"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/597360","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/comments?post=597360"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/597360\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media\/597361"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media?parent=597360"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/categories?post=597360"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/tags?post=597360"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}