Qantas stock approaches FY26 finish; Tokyo capacity push questions upside
Qantas Airways Limited heads into the last trading day of FY26 with its average broker target looking tight, but the carrier has a clearer focus on its network. It’s putting more planes on routes with solid leisure demand and pulling back on parts of the network hit by high costs or lighter passenger numbers. Qantas shares closed at A$10.70 on Monday, up 0.2% for the session, after moving between A$10.59 and A$10.75, according to the airline’s investor site. The S&P/ASX 200 gained 59.2 points, or 0.68%, to finish at 8,823.4 on Monday. MarketIndex said the benchmark was expected to open flat on Tuesday.