Will the Qantas share price keep soaring? Here’s what experts say
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The Qantas Airways Ltd (ASX: QAN) share price has been a standout performer on the ASX this year, climbing nearly 30% in that time.
It hit 52-week highs of $7.48 per share on September 26 before retreating to its current level of $6.98 per share just after market open on Friday.
But the skies aren’t all clear for Qantas, with new competition and a choppy geopolitical environment that has already impacted global travel routes.
Will Qantas shares continue to climb, or is the rally coming to an end? Let’s see what the experts think.
What’s driving the Qantas share price higher?
The surge in the Qantas share price can be largely attributed to its full-year results in late August. The airline posted solid growth…
