Qantas Airways is trading 4.1% up at A$10.36 as global travel and airline stocks recover from a recent sell-off driven by geopolitical tensions.
- Investors are selectively rotating back into the aviation sector as oil markets and geopolitical risks show early signs of stabilization.
- Sentiment toward major carriers is improving following a sharp sector-wide decline reported in late July.
- The rebound comes as the market recalibrates after heavy selling pressure linked to Middle East conflict headlines.