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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

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