Qantas Airways Ltd

QAN: XASX (AUS)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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Qantas Earnings: Solid Profits Amid Rising Costs and Competition

Angus Hewitt , Oriana Pham

Feb 27, 2026

Qantas' interim 2026 underlying pretax profit rose 5% to AUD 1.5 billion. Domestic earnings improved, but profits from Qantas' international business fell. Budget brand Jetstar and Qantas Loyalty both delivered 12% increases in underlying profit. Shares fell 8% on results day.

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Qantas Airways Ltd

Qantas Earnings: Solid Profits Amid Rising Costs and Competition

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