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MARKET OUTLOOK · 20 MARCH 2026
Qantas Shares Rise After Airline Confirms History Breaking Project  
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Qantas Shares Rise After Airline Confirms History Breaking Project  

Qantas shares rose after the airline confirmed that its Project Sunrise non-stop flights between Sydney and London will begin in October 2027. The service will become the first commercial non-stop route linking Australia's east coast directly with the United Kingdom and is expected to take less than 22 hours. The flights will use Airbus A350-1000ULR aircraft as part of Qantas' fleet renewal program. The airline also confirmed that non-stop Sydney-New York flights will follow, with further details expected next year.

By Shivangi

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STOCKS

Qantas Shares Rise After Airline Confirms History Breaking Project  

Qantas shares rose after the airline confirmed that its Project Sunrise non-stop flights between Sydney and London will begin in October 2027. The service will become the first commercial non-stop route linking Australia's east coast directly with the United Kingdom and is expected to take less than 22 hours. The flights will use Airbus A350-1000ULR aircraft as part of Qantas' fleet renewal program. The airline also confirmed that non-stop Sydney-New York flights will follow, with further details expected next year.

By Shivangi
02
STOCKS

ASX Set to Fall as Oil Prices Slide on Iran-US Deal Hopes

Australian shares set to open lower Wednesday as global markets show weakness, with oil prices falling, amid Washington's push for a trade deal between the U.S. and China, which was signed during Donald Trump's presidency. That anticipated drop followed a…

By Shivangi
03
STOCKS

Atlas Arteria Urges Shareholders to Reject IFM’s $5.10 Takeover Offer

Atlas Arteria has recommended shareholders reject IFM's $5.10 per security takeover bid, arguing the offer materially undervalues the business. The company said the bid is below the Independent Expert's valuation range and reaffirmed its 2026 distribution guidance of 40.0 cents per security. Atlas Arteria also highlighted potential additional returns from the planned sale of its Chicago Skyway stake, with proceeds expected to be returned to shareholders.

By Shivangi