Qantas Airways (QAN.AX) reached new heights on Thursday as its shares climbed to a record high of A$9.54 during intraday trading before closing at A$9.42, marking a 0.5% gain for the day.

Qantas has announced a number of changes to its Frequent Flyer loyalty program. Members will also ... price jumped almost 3.4 per cent after the announcement, as of 3.40pm on Wednesday.