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.
Shares within the travel industry are soaring this week. COVID-19 knocked travel industries for six, but they are coming roaring back now.
The S&P/ASX 200 (ASX: XJO) was trading 1.51% higher at lunchtime today. Making news today on the ASX sharemarket was Qantas Airways Limited (ASX: QAN), Seek Ltd. (ASX: SEK) and Zip Co Ltd (ASX: Z1P).
Is the Qantas (ASX:QAN) share price a bargain after releasing another market update?
Australia’s share market, or the All Ordinaries (ASX: XAO), is down 0.9% at lunch. Webjet Limited (ASX: WEB) Carsales.Com Ltd (ASX: CAR) and Qantas (ASX: QAN) were moving the Australian share market.
Is the Qantas Airways (ASX:QAN) share price a buy?
Virgin Australia (ASX:VAH) has gone into voluntary administration. What does this mean for shareholders?
The Qantas Airways Ltd (ASX: QAN) share price was trading 8% higher today following news of a support package. Virgin Australia Ltd (ASX:VAH) shares are in a trading halt.
The S&P/ASX 200 (ASX: XJO) traded sharply lower on Friday morning as the Australian share market braced for a day of volatility following a sharp sell-off overnight. Pointsbet Holdings Ltd (ASX:PBH), UNIBALWEST (ASX:URW) and Virgin Australia (ASX:VAH) were making headlines.
The S&P/ASX 200 (ASX: XJO) snapped back from an initial sell-off to trade 2.4% higher. Bapcor Ltd (ASX:BAP) and South32 Ltd (ASX:S32) shares led the way.
