Peter Harbison of CAPA - Centre for Aviation weighs in on the results from Qantas and the AirAsia Group.
However, international airlines are facing headwinds on the capacity front, says Alan Joyce, CEO of Qantas.
George Boubouras, CIO of Contango Asset Management, says the Australian airlines put forward a good set of results.
Peter Harbison at CAPA - Centre for Aviation says that the latest route from Qantas makes for good marketing for the airline.
Qantas has had a difficult time with growing revenues and margins, says George Boubouras, CIO at Contango AM.
Qantas Airlines CEO Alan Joyce says the firm has hedging strategies in place to take advantage of lower oil prices and to smooth out volatility.
Markets in Asia finished mixed on Wednesday, despite Wall Street's gains overnight, as traders remained in a wait-and-see mode ahead of Jackson Hole.
Qantas CEO Alan Joyce says the Australian airlines managed to capture the lower fuel prices by hedging effectively while a lot of its peers did not.
Contango AM's George Boubouras outlines several factors why Qantas is well positioned to weather the headwinds ahead.
Invast Australia's Peter Fay says Qantas International has performed well, but the dividends were a bit less than investors were expecting.
Qantas's record annual profit is further evidence of a restructuring job well done by Alan Joyce, says Leyland Private AM's Charles Leyland.
Qantas CEO Alan Joyce did a good job cutting costs and moving the airline forward, says Charles Leyland from Leyland Private Asset Management.
American Airlines chairman and CEO Doug Parker and Alan Joyce, CEO of Qantas, discuss the new Boeing-777 that will operate the Sydney-to-Los Angeles starting in December.
Virgin Australia has grown into a "formidable airline" over the past 15 years, giving "Qantas Airways a real run for their money," Virgin Group founder Richard Branson told CNBC.
Alan Joyce, CEO of Qantas, says the purchase of eight Boeing 787-9 Dreamliners is a "highly desirable" move which will help the airline to open up new markets.
Alan Joyce, CEO of Qantas, says the transformation program which included aggressive cost-cutting measures, underpinned the carrier's profit turnaround.
Second-quarter gross domestic product from Japan will likely pile on the worry for markets already jumpy about global economic growth.
China's Shanghai Composite index crashed more than 7 percent on Friday, chalking up its worst single-day loss since January 19.
MSCI's decision to delay the inclusion of China-listed shares in its emerging market index weighed on mainland markets on Wednesday.
Asian shares traded mixed on Tuesday, as investors weighed a raft of earnings and kept an eye on Australia's federal budget and Greece's debt crisis.