Qantas Airways is trading 4.1% up today at A$10.40 following a key milestone in its Project Sunrise ultra-long-haul fleet development.
- Airbus has initiated a 22-hour A350-1000 Ultra Long Range test flight from Toulouse to Melbourne, a critical step for the airline's future operations.
- The successful test is boosting market confidence in Qantas’s long-term capacity expansion and route strategy.
- Shares are outperforming the broader market as investors react to the technical progress of the high-profile fleet renewal project.