Why did the Qantas share price slip today?

Virgin Australia’s $49 Boxing Day fares added pressure to domestic pricing. If Qantas or Jetstar match, near‑term yields can compress, which often weighs on airline equities. Technically, price is near resistance bands, and momentum is warm, so a pause or minor pullback is common when sellers meet an overbought setup.

Could Boxing Day flight deals hurt Qantas margins?

Yes, if discounting is broad and long, average fares can fall faster than volumes rise. Short, targeted promos can pull bookings forward and fill seats without large margin hits. We are watching January load factors, fare buckets on trunk routes, and whether promotions extend beyond the holiday period.

Is QAN.AX attractive at current valuation?

At about 9.9 times earnings and 5.2 times EV to EBITDA, valuation is reasonable for a cyclical. The dividend yield near 5.1% adds support. Risks include high debt to equity, thin free cash flow, and potential airfare competition. We like selective adds on weakness and clear evidence of disciplined pricing.

What trading levels matter for QAN.AX now?

Initial resistance sits around A$10.31 to A$10.38, with supports near A$10.05 and A$9.98. ATR of 0.20 indicates typical daily swings. A close above resistance would confirm momentum, while failure there often leads to a drift toward the 50‑day average. Manage risk tightly around these zones.

Global Market Insights

QAN.AX Stock Today: December 24 Virgin Sale Sparks Fare War Jitters

ByHuzaifa Zahoor December 26, 2025December 26, 2025

Qantas share price is in focus after Virgin Australia launched Boxing Day fares from $49, stoking airfare competition on key domestic routes. We look at how this could affect yields, booking curves, and near‑term sentiment on QAN.AX. We also map the chart setup, valuation, and risk markers. With holiday travel peaking, investors should watch fare responses, January load factors, and any capacity tweaks. Qantas share price can move quickly on pricing headlines, so clear levels and data points matter today.