|Bid||5.36 x 0|
|Ask||5.37 x 0|
|Day's range||5.36 - 5.48|
|52-week range||5.18 - 6.92|
|Beta (3Y monthly)||0.37|
|PE ratio (TTM)||10.31|
|Earnings date||22 Aug. 2019|
|Forward dividend & yield||0.24 (4.37%)|
|1y target est||7.08|
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The Chinese tourism boom is petering out at a time when our economy can least afford it and it isn't only tourism related stocks like Qantas Airways Limited (ASX: QAN) that could feel the pressure.
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American Airlines and Qantas welcome the U.S. Department of Transportation’s tentative approval of the carriers’ joint business to better serve customers flying between the United States and Australia and New Zealand. The opportunity to launch new routes and flights to new destinations, including city pairs not currently served by either carrier. An expanded codeshare relationship and optimized schedules on trans-Pacific services, opening up more connections to more destinations and reduced total travel time.
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