Sydney, June 12, 2026, 09:02 AEST
• Qantas Airways finished at A$9.01 on June 11, falling 3.33% on the day.
• The S&P/ASX 200 slipped 0.23%, pressured by oil moves and Middle East concerns.
• Qantas and Jetstar rolled out plans for new flights at Western Sydney International Airport. Jetstar said it will run the airport’s first passenger flight in October.
Qantas Airways Limited finished the June 11 ASX session at A$9.01, down 3.33% from the last close, Google Finance data showed. The airline’s market cap is now around A$13.63 billion. Shares stayed beneath their 52-week high of A$12.62 but above the 52-week low of A$8.04.
S&P/ASX 200 dropped 20.10 points, or 0.23%, to close at 8,633.20 after a softer session for Australian stocks. The index hit 8,555.30 at its session low and then pared some of the slide. Energy stocks found support as oil climbed, ABC said, but the market still finished lower.
Qantas investors are still watching oil, with fuel holding steady as one of the airline’s top operating costs. ABC’s market blog said Brent was near US$94.42 a barrel at about 1:15pm AEST on June 11. The blog also cited one of the big Australian banks warning oil could jump to US$150 a barrel if there’s more supply stress.
Qantas Group and Jetstar shares traded after the companies released new growth plans. Qantas said Jetstar will fly the first commercial passenger route from Western Sydney International Airport on October 25, 2026. The first flight, JQ362, heads to the Gold Coast. Jetstar wants to run up to 14 Melbourne flights a week from Western Sydney, plus four to the Gold Coast and three to Brisbane, all on Airbus A320s.
Qantas plans to start flights at the new Western Sydney airport on March 28, 2027. QantasLink will run four weekly Embraer E190 flights to Melbourne and Brisbane. The airline said its first freighter service using Western Sydney International’s 24-hour cargo precinct is set for the night of July 27, which will expand freight options beyond the curfew at Sydney’s existing Kingsford Smith Airport.
Qantas Group CEO Vanessa Hudson said the launch is “a major milestone for Australian aviation.” Jetstar’s early entry will bring “better access to low fares” for Western Sydney travelers, according to Hudson. She said: “WSI will also become a key hub for Qantas Freight,” and expects the new terminal to handle over 850 tonnes of freight each week. Qantas Newsroom
Western Sydney International Airport aims to open for passengers in October, Reuters said. The airport will run 24 hours, which could let airlines schedule more flights than at the current Sydney airport, which has a curfew. For Qantas shareholders, attention is still divided between this new network growth and concerns over how higher oil prices could squeeze margins, hit fares and shape capacity calls.
