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Why the Qantas share price soared 20% in May to new all-time highs

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The Qantas Airways Ltd (ASX: QAN) share price hit the afterburners in May.

Shares in the S&P/ASX 200 Index (ASX: XJO) airline stock closed out April trading for $8.85. On 30 May, the last day of trading for the month, shares were changing hands for $10.61 apiece.



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