Qantas Airways Limited

( ASX:QAN ) - Transportation


Analyst Views

QAN – Deutsche Bank rates the stock as Buy

The US government has tentatively approved Qantas' proposed expanded alliance and revenue pooling agreement with American Airlines. The arrangement will mean the two carriers co-ordinate flight schedules, pricing and capacity and share revenue on international routes between the US, Australia and New Zealand.

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QAN – UBS rates as Neutral

Qantas was able to produce another strong result, at the top end of guidance, through unit revenue growth and prudent capacity growth in the face of higher fuel costs and wage inflation. Hence, the broker notes, shareholders were again rewarded with capital returns.

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