# Qantas shares jump after earnings as airline unveils new business-class seats — retained record

> Retained news record from news:cnbc-markets.

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source: [news](https://highsignal.app/data/news) (news:cnbc-markets)  published 2026-08-27 05:02 ingested 2026-08-27 13:04

[original source ↗](https://www.cnbc.com/2026/08/27/qantas-shares-jump-on-earnings-as-airline-updates-business-class-.html)

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Shares of Australian carrier Qantas Airways jumped 4% on Thursday after the airline reported full-year earnings and unveiled new business-class suites amid growing demand for premium travel.
Qantas said demand for international travel remained strong, with both Qantas and its low-cost carrier Jetstar increasing capacity and unit revenue, although higher fuel costs weighed on international earnings. International premium cabin revenue grew 15% in fiscal 2026, twice the pace of economy revenue.
The airline unveiled new business-class seats for its Airbus A321XLR fleet, including lie-flat beds and privacy doors. The first of 16 aircraft fitted with the seats is expected to arrive in 2028. Additionally, it introduced updated business-class seats for its new Boeing 787-9 Dreamliners.
The announcements came as Qantas reported underlying profit before tax of A$2.06 billion ($1.48 billion) for the year ended June 30.
The airline expects domestic and international unit revenue to rise 8% to 10% in the first half of fiscal 2027, even as fuel costs are expected to increase.
Citi maintained its "buy" rating on Qantas after underlying profit before tax came about 3% ahead of Visible Alpha consensus, highlighting Jetstar and its loyalty program, Qantas Loyalty, as standout performers.
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document fetched 2026-08-27 13:04 · canonical https://cnbc.com/2026/08/27/qantas-shares-jump-on-earnings-as-airline-updates-business-class-.html