QAN.AX Qantas Airways Limited : Bullish and Bearish Analyst Opinions
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04:36
Mar 02
Mar 02
Qantas (QAN.AX) is down ~6% on flight cancellations. Airspace over major hubs (Dubai) is closed. Jet fuel could hit $100+. Airlines face a "double whammy": revenue loss from route cancellations/diversions AND spiking cost of goods sold (fuel). Specifically, Chinese and Indian airlines are noted as "not hedged" compared to peers like Cathay or JAL. SHORT Airlines, specifically unhedged Asian carriers and global indices (JETS). Government subsidies for national carriers or a rapid drop in oil prices.
01:23
Feb 26
Feb 26
The trade is to go long Qantas, as the CEO is publicly stating that the current weakness in US demand is temporary, implying a recovery ahead.
MED
About QAN.AX Analyst Coverage
Buzzberg tracks QAN.AX (Qantas Airways Limited) across 2 sources. 1 bullish vs 1 bearish calls from 2 analysts. Sentiment: evenly split. 2 total trade ideas tracked.