Qantas Bulls See Strength on North America Routes -- Market Talk
Dow Jones
Jun 04
0352 GMT - Qantas Airways' bulls at Jarden reckon the carrier could be winning share of Australia-North America routes. The investment bank's analysts parse data from aviation intelligence tool Diio Mi to establish that the number of Australia-North America seats provided across all carriers has declined by 1.2% over the past year. However, they think Qantas's share will be at 42% by late 2026, compared with an average 41% over the past three years. In a note to clients, the analysts say they can see the Australian airline gaining share from United Airlines. Jarden keeps a buy rating and a A$11.25 target price on the stock, which is down 0.6% at A$9.105. (stuart.condie@wsj.com)
(END) Dow Jones Newswires
June 03, 2026 23:52 ET (03:52 GMT)
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