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...
At time of writing, the share price of Qantas Airways Limited [ASX:QAN] is down 1.31%, trading at $6.76. After the Qantas share price hit an all-time high of $7.02 on 13 November, it is now posting its second loosing session...
Shares of Sydney Airport Holdings Pty Ltd [ASX:SYD] have started trading in the green today, up 0.25% within the first half hour of trading. The airport released a traffic performance update for July and August before the market opened this morning.
Shares of Qantas Airways Ltd [ASX:QAN] have wriggled this morning, following changes made to their Frequent Flyer program. What should have been welcome news for shareholders has instead had an opposite effect, with the share price stumbling to a -2.5% low.
As we head into the last week of the Australian federal election, it seems the ASX is following the lead of many Australians who are waiting to see how it all turns out.
Qantas share price slipped after their interim financial report for 1H19 revealed a net profit decrease due to a 27% jump in fuel costs — resulting in a $416 million increase in the fuel bill.
Today, the Qantas share price has hit its lowest point for 2019 in what has been a turbulent day of trading for airlines. At time of writing, Qantas shares were down 5.43%, a 32-cent drop, to trade at $5.57 per share
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.
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.
Shares in Qantas Airways Ltd [ASX:QAN] shed 36 cents today, resulting in a 6% drop. What happened?