Qantas Airways shares jumped 4% after the airline posted full-year underlying profit before tax of A$2.06 billion ($1.48 billion), about 3% ahead of Visible Alpha consensus, and unveiled new business-class seats amid strong premium travel demand. The result was still down 13.8% from a year earlier as higher fuel costs, including an A$610 million hit linked to the U.S.-Iran conflict, weighed on international earnings. International premium cabin revenue rose 15% in fiscal 2026, twice the pace of economy revenue, while both Qantas and Jetstar lifted capacity and unit revenue. The carrier expects domestic and international unit revenue to rise 8% to 10% in the first half of fiscal 2027 even as fuel costs increase, and Citi kept a buy rating, citing Jetstar and Qantas Loyalty.