Qantas is nearing completion of its AU$400 million share buyback, which will likely boost its confidence despite potential fuel cost increases due to global tensions. "Jetstar saw stronger than anticipated demand, while Qantas Domestic load factors and demand for corporate travel continues to improve year on year," Hudson said in a speech in Qantas' annual general meeting. The airline's leadership also showed no objections about Qatar Airways acquiring a 25% stake in Virgin Australia, emphasizing that its carefully considered investment plan makes it resistant to market downturns.