Qantas Airways Limited (ASX: QAN) is Australia’s most popular airline. It was founded in the Queensland outback in 1920, the Qantas name was originally Queensland and Northern Territory Aerial Services. The company operates two main airlines – Qantas and Jetstar – and subsidiary businesses including other airlines, businesses in specialist markets such as Q Catering, Qantas Freight Enterprises and the popular Qantas Frequent Flyer program. It employs some 30,000 people with around 93 per cent of them based within Australia.
In a bullish sign for the return to global travel, Webjet Limited (ASX: WEB) announced today that the company will be cash-flow positive for the first half of FY22.
The S&P/ASX 200 (ASX:XJO) finished just 3 points lower on Friday but managed a 2.2% gain for the week. Here’s my ASX weekly wrap.
Another week of reporting season is in the books after what can only be described as a frenetic week on markets. Here’s your 5-minute update on the notable earnings reports from the ASX reporting season.
The Flight Centre Travel Group Ltd (ASX: FLT) share price landed on the green tarmac, up 4% today. Can the Flight Centre share price finally take off?
Qantas Airways Limited (ASX: QAN) has reported a loss of $2.3 billion as domestic lockdowns and closed international borders depressed operations.
The S&P/ASX 200 (ASX: XJO) finished 0.2% higher on Tuesday, with Kogan (ASX:KGN) and HUB24 (ASX:HUB) shares stealing the headlines.
The S&P/ASX 200 (ASX:XJO) spent most of Tuesday clawing back from early losses. The Afterpay (ASX:APT) share price continues to surge.
The Qantas Airways Limited (ASX:QAN) share price is under the spotlight today after deciding to stand down thousands of employees.
The Qantas Airways Limited (ASX:QAN) share price has fallen 16% over the last three months. Can the airline stage another recovery?
