Qantas shares have doubled in less than 2 years. Are they a buy, hold or sell?

Qantas Airways Ltd (ASX: QAN) shares are ascending again on Tuesday.

Earlier today, the airline operator’s shares climbed to a new record high of $11.06.

This latest gain means that the Flying Kangaroo is now up 130% since October 2023.

Is it too late to invest? Let’s…