Qantas Airways Shares Tumble Over 10% in Early Trade

Qantas Airways shares tumbled more than 10% in early trade on March 2, 2026, sending a strong warning signal to global investors. The sharp fall followed rising fears around Middle East tensions, oil price spikes, and flight disruption risks. As energy costs surged and travel uncertainty grew, airline stocks faced heavy selling pressure. Qantas, Australia’s largest carrier, was among the hardest hit in the early session.