Qantas Airways traded at 10.15 this Friday February 6th, decreasing 0.15 or 1.46 percent since the previous trading session. Looking back, over the last four weeks, Qantas Airways lost 3.15 percent. Over the last 12 months, its price rose by 7.86 percent. Looking ahead, we forecast Qantas Airways to be priced at 9.87 by the end of this quarter and at 9.28 in one year, according to Trading Economics global macro models projections and analysts expectations.
Qantas Airways Limited is an Australia-based company, which operates domestic and international airlines. The Company is focused on the operation of international and domestic air transportation services, the provision of freight services, and the operation of a frequent flyer loyalty program. The Company's segments include Qantas Domestic, Qantas International, Jetstar Group and Qantas Loyalty. The Qantas Domestic, Qantas International, and Jetstar Group are engaged in passenger flying business and air cargo and express freight businesses. The Qantas Loyalty segment is engaged in the customer loyalty recognition programs. Its main business is the transportation of customers using two airline brands, which include Qantas and Jetstar. Its airline brands operate in regional, domestic and international services.