Qantas Ready For Take-off ??

Qantas shareholders have had a rollercoaster 18 months. After plumbing a multi-year low of $0.96 in June  2012, the shares rapidly recovered to reach $1.90 in April this year, but quickly gave up most of the gains to trade back at $1.18 in early October.

In the last month Qantas shares having gained 20%  as a result of a favourable election victory by Tony Abbott, and number of positive broker reports about the future earnings potential of the airline.

In the video below Robert Gottliebsen from Eureka Report looks at Qantas share price recovery after the airline industry has been battling tough conditions for some time.

 

Click on the video above to watch it. Posted Tuesday, 24 September 2013