Stock Spotlight: Qantas Airways Limited (ASX:QAN)
This week's Stock Spotlight is ASX-listed Qantas Airways Limited.
About Qantas Airways Limited
Qantas operates international and domestic air transportation services, the sale of worldwide and domestic holiday tours and associated support activities including catering, information technology, ground handling and engineering and maintenance.
Source: ASX
Key Stats
Key Stats
Source: ASX, Yahoo Finance, Bloomberg. Data as of 24/04/24.
Price Performance

Growth Potential
- Attractive on valuation grounds.
- Share buyback should be supportive of current share price levels.
- Aiming for all segments to deliver return on invested capital > weighted average cost of capital.
- Strong position in the domestic market (Qantas Domestic and Jetstar continue to remain the two highest margin earning airlines in the domestic market).
- Jetstar is well positioned for growth and rising demand in Asia.
- Partnership with Woolworths for Loyalty bodes well for membership and earnings.
- Oil price hedging in FY24 could contribute to performance
- Increased competition in the international segment
- Relative to peers, strong balance sheet strength; investment grade credit rating.
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Disclaimer: This article does not constitute financial advice nor a recommendation to invest in the securities listed. The information presented is intended to be of a factual nature only. Past performance is not a reliable indicator of future performance. As always, do your own research and consider seeking financial, legal and taxation advice before investing.





