Daily Market Updates: Qantas shares jump after earnings alongside new business-class seats

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Qantas shares jump after earnings alongside new business-class seats

The stock rose about 4% after the airline reported full-year earnings and highlighted demand for premium travel tied to newly unveiled business-class seating.

Reported · Written up by our desk · Asia

Qantas shares jumped roughly 4% after the airline reported full-year earnings and unveiled new business-class seats, according to CNBC World.

CNBC Earnings said the move reflects strong demand for premium travel, as the company paired its results with details on the updated cabin experience.

The updates came as investors reacted positively to the earnings backdrop and the airline’s focus on business-class product improvements.

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CNBC WorldQantas shares jump after earnings as airline unveils new business-class seats

CNBC EarningsQantas shares jump after earnings as airline unveils new business-class seats

Global Markets

Qantas shares jump after earnings alongside new business-class seats

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