The Qantas share price surge explained in one easy chart

Since October 23rd 2014, the Qantas Airways Limited (ASX:QAN) has soared an amazing 47%.

Yes, the end of the price war with Virgin Australia Holdings Ltd (ASX:VAH) has helped, but really propelling the Qantas share price has been the plunging oil price, as shown by the red line in the chart below.

Enjoy the gains, while they last.

Qantas Share Price 3rd Dec 2014

Source: Google Finance

Two New Stock Picks Every Month!

Not to alarm you, but you’re about to miss a very important event! Chief Investment Advisor Scott Phillips and his team at Motley Fool Share Advisor are about to reveal their latest official stock recommendation. The premium “buy alert” will be unveiled to members and you can be among the first to act on the tip.

Don’t let this opportunity pass you by – this is your chance to get in early!

Simply enter your email now to find out how you can get instant access.

By clicking this button, you agree to our Terms of Service and Privacy Policy. We will use your email address only to keep you informed about updates to our website and about other products and services we think might interest you. You can unsubscribe from Take Stock at anytime. Please refer to our Financial Services Guide (FSG) for more information.