ASX:QAN

Qantas Grounded with Coronavirus, Share Price Down (ASX:QAN)

The Qantas share price has taken a hammering with the onset of the coronavirus. The virus has been impacting the world’s major airlines heavily. And now with the cut of international travel and grounding of their fleet the Qantas share price is at $2.53, at time of writing...

So Many Opportunities He’s Opening Up Another US$100 Billion Fund

Jack Ma, a young start-up founder, walked into the office of Japanese telecom, SoftBank, in the late 1990s. He wasn’t there to strike a mobile deal for his employees. He was there to find an investor. He had heard the founder of SoftBank, Masayoshi Son, was interested. With millions in cash left over from his telco business each year, Son spent a lot of his time looking for potential investments.

Another Bad Century Coming for Airlines?

Investors like Warren Buffett went as far to call airlines ‘death traps’. Passengers usually care about price more than anything else. Investments into planes and other equipment are massive. Essentially, airlines are in a race to the bottom price. And it doesn’t help that running costs, like labour and equipment, keep rising.
Money Morning Australia