QAN.AX - Qantas Airways Limited

ASX - ASX Delayed price. Currency in AUD
6.78
-0.07 (-1.02%)
At close: 4:10PM AEDT
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Previous close6.85
Open6.80
Bid7.18 x 0
Ask6.79 x 0
Day's range6.72 - 6.84
52-week range5.18 - 7.01
Volume11,453,520
Avg. volume8,687,993
Market cap10.481B
Beta (3Y monthly)0.29
PE ratio (TTM)12.46
EPS (TTM)0.54
Earnings date22 Aug 2019
Forward dividend & yield0.26 (3.83%)
Ex-dividend date2019-09-02
1y target est7.08
  • Qantas tests world's longest commercial flight
    Reuters Videos

    Qantas tests world's longest commercial flight

    It's the ultimate in long haul flights. Australian airline Qantas have tested out a non-stop journey from New York to Sydney -- lasting nearly 20 hours and spanning more than 16,000 kilometres, or just over 10,000 miles.. The idea was to research how the world's longest commercial airplane journey would impact pilots, crew and passengers. Qantas CEO Alan Joyce (SOUNDBITE) (English) QANTAS CEO, ALAN JOYCE, SAYING: "This is a really historic moment for Qantas, a really historic moment for Australian aviation and a really historic moment for world aviation. We are the first commercial airline to fly non-stop from New York to Sydney" With demand for air travel rapidly growing and aircraft performance improving, carriers are increasingly looking into ultra-long-haul travel. Qantas said the aim of the research flight was to increase health and wellness, minimize jet lag and identify optimum crew rest and work periods. The International Air Transport Association expects the worldwide number of annual passengers to grow from 4.6 billion this year to 8.2 billion by 2037.

  • The G8 share price is tumbling again today
    Motley Fool

    The G8 share price is tumbling again today

    As a result of its problems G8 now expects EBIT between $131 million to $134 million over calendar 2019.The post The G8 share price is tumbling again today appeared first on Motley Fool Australia.

  • Should you buy into ASX government IPOs?
    Motley Fool

    Should you buy into ASX government IPOs?

    Here's why buying government-owned companies like Commonwealth Bank of Australia (ASX: CBA) and CSL Ltd (ASX: CSL) would have made you richThe post Should you buy into ASX government IPOs? appeared first on Motley Fool Australia.

  • Qantas share price tipped to test new highs next month
    Motley Fool

    Qantas share price tipped to test new highs next month

    The Qantas Airways Limited (ASX: QAN) share price joined a special club of high-flyers after the stock recently soared to a record high.The post Qantas share price tipped to test new highs next month appeared first on Motley Fool Australia.

  • 3 things you missed on the ASX on Tuesday
    Motley Fool

    3 things you missed on the ASX on Tuesday

    The Qantas and Commonwealth Bank share prices edged higher on the ASX on Tuesday despite the index falling 0.29% to 6,753 points.The post 3 things you missed on the ASX on Tuesday appeared first on Motley Fool Australia.

  • Qantas pledges zero emissions by 2050
    Motley Fool

    Qantas pledges zero emissions by 2050

    Qantas Airways Limited (ASX:QAN) has pledged to cut its net carbon emissions to zero by 2050.The post Qantas pledges zero emissions by 2050 appeared first on Motley Fool Australia.

  • Are credit cards good or bad?
    Motley Fool

    Are credit cards good or bad?

    Australia loves to spend money with easy consumer credit. But are credit cards an asset or liability for your personal finance game?The post Are credit cards good or bad? appeared first on Motley Fool Australia.

  • How Much Of Qantas Airways Limited (ASX:QAN) Do Institutions Own?
    Simply Wall St.

    How Much Of Qantas Airways Limited (ASX:QAN) Do Institutions Own?

    A look at the shareholders of Qantas Airways Limited (ASX:QAN) can tell us which group is most powerful. Insiders...

  • Why the L1 Long Short Fund share price just hit a 52-week high
    Motley Fool

    Why the L1 Long Short Fund share price just hit a 52-week high

    The L1 Long Short Fund's performance has been disappointing since it listed, but it has gradually improved.The post Why the L1 Long Short Fund share price just hit a 52-week high appeared first on Motley Fool Australia.

  • Financial Times

    Quarter of Qantas crew say they were sexually harassed in past year

    A quarter of cabin crew working at Qantas Airways were sexually harassed by a colleague over the past 12 months but only 3 per cent reported it to the airline, according to a group-wide audit. found that a third of those who did not report sexual harassment said it was because they were able to put a stop to the harassment themselves. “To be clear, we have zero tolerance for any form of abuse or discrimination in any part of the Qantas Group,” said Rachel Yangoyan, chief operating officer, Australian Airports at Qantas, in an email to cabin crew seen by the Financial Times.

  • Qantas share price higher after completing its off-market buy-back
    Motley Fool

    Qantas share price higher after completing its off-market buy-back

    The Qantas Airways Limited (ASX:QAN) share price is ascending this morning after completing its off-market buy-back...The post Qantas share price higher after completing its off-market buy-back appeared first on Motley Fool Australia.

  • The Boeing 737 Curse: Qantas Grounds Three 737NGs
    Market Realist

    The Boeing 737 Curse: Qantas Grounds Three 737NGs

    Australia’s Qantas Airways has completed the inspection of its 33 Boeing 737NG (Next Generation) planes and has grounded three of them.

  • Top ASX Stock Picks for November
    Motley Fool

    Top ASX Stock Picks for November

    We asked our Foolish writers to pick their favourite ASX shares to buy this November. Here is what they came up with…The post Top ASX Stock Picks for November appeared first on Motley Fool Australia.

  • Brokers rate these 3 growth shares as ‘strong buys’
    Motley Fool

    Brokers rate these 3 growth shares as ‘strong buys’

    Lynas, Qantas, and buy-now-pay-later business Z1P Co are among the shares tipped as good buys for investors.The post Brokers rate these 3 growth shares as 'strong buys' appeared first on Motley Fool Australia.

  • Why Paradigm, Pilbara Minerals, Qantas, & ResMed shares are storming higher
    Motley Fool

    Why Paradigm, Pilbara Minerals, Qantas, & ResMed shares are storming higher

    The Paradigm Biopharmaceuticals Ltd (ASX:PAR) share price and the ResMed Inc. (ASX:RMD) share price are two of four starting the week with solid gains...The post Why Paradigm, Pilbara Minerals, Qantas, & ResMed shares are storming higher appeared first on Motley Fool Australia.

  • ALL ORDINARIES finishes higher Friday: 8 ASX shares you missed
    Motley Fool

    ALL ORDINARIES finishes higher Friday: 8 ASX shares you missed

    The S&P/ASX 200 (Index:^AXJO)(ASX:XJO) and ALL ORDINARIES (Index:^AXAO) (ASX:XAO) finished higher on Friday, here are 8 ASX shares you missed.The post ALL ORDINARIES finishes higher Friday: 8 ASX shares you missed appeared first on Motley Fool Australia.

  • Brokers name 3 ASX shares to buy today
    Motley Fool

    Brokers name 3 ASX shares to buy today

    Westpac Banking Corp (ASX:WBC) shares are one of three that brokers have named as buys...The post Brokers name 3 ASX shares to buy today appeared first on Motley Fool Australia.

  • 5 things to watch on the ASX 200 on Friday
    Motley Fool

    5 things to watch on the ASX 200 on Friday

    Cleanaway Waste Management Ltd (ASX:CWY), ResMed Inc. (ASX:RMD), and Santos Ltd (ASX:STO) shares will be on watch on the ASX 200 index on Friday...The post 5 things to watch on the ASX 200 on Friday appeared first on Motley Fool Australia.

  • Why Bravura, Mirvac, Qantas, & WiseTech shares dropped lower today
    Motley Fool

    Why Bravura, Mirvac, Qantas, & WiseTech shares dropped lower today

    The Qantas Airways Limited (ASX:QAN) share price and the WiseTech Global Ltd (ASX:WTC) share price are two of four dropping lower on Thursday...The post Why Bravura, Mirvac, Qantas, & WiseTech shares dropped lower today appeared first on Motley Fool Australia.

  • ASX 200 lunch update: CBA & JB Hi-Fi higher, WiseTech lower
    Motley Fool

    ASX 200 lunch update: CBA & JB Hi-Fi higher, WiseTech lower

    JB Hi-Fi Limited (ASX:JBH), Qantas Airways Limited (ASX:QAN), and WiseTech Global Ltd (ASX:WTC) shares have been making waves on the ASX 200 index today...The post ASX 200 lunch update: CBA & JB Hi-Fi higher, WiseTech lower appeared first on Motley Fool Australia.

  • Qantas profits to be hit by Hong Kong protests and US-China trade war
    Motley Fool

    Qantas profits to be hit by Hong Kong protests and US-China trade war

    The Qantas Airways Limited (ASX:QAN) share price is descending today after the release of its first quarter update...The post Qantas profits to be hit by Hong Kong protests and US-China trade war appeared first on Motley Fool Australia.

  • Announcing: Qantas Airways (ASX:QAN) Stock Soared An Exciting 309% In The Last Five Years
    Simply Wall St.

    Announcing: Qantas Airways (ASX:QAN) Stock Soared An Exciting 309% In The Last Five Years

    Long term investing can be life changing when you buy and hold the truly great businesses. And highest quality...

  • World’s Longest Flights Aren’t Meant for Cattle Class
    Bloomberg

    World’s Longest Flights Aren’t Meant for Cattle Class

    (Bloomberg Opinion) -- The question about Qantas Airways Ltd.’s plans to start 20-hour direct flights from Sydney to London and New York isn’t why any passenger would want to take the route — it’s why any carrier would want to offer them.For all the hardship of spending a day cooped up with the body odors of a couple of hundred other humans, long-haul flying isn’t a particularly attractive business for airlines, either.Qantas’s international unit made just 10.7 Australian cents of revenue per seat, per kilometer flown in its last fiscal year through June, of which 10.3 Australian cents was eaten up on operating costs. If you fly the roughly 17,000 kilometers (10,500 miles) between London and Sydney and buy a decent bottle of liquor at duty free, the A$70 ($48) you’ll spend will quite possibly be more money than the operating profit Qantas made on your ticket for the entire flight. Qantas’s Jetstar budget carrier makes about twice the profit per kilometer that the international business brings in, and its mainline domestic unit is five times more profitable.So what gives? Establishing ultra-long-haul routes is no easy task. Qantas is modifying in-flight menus and lighting patterns and using its staff as guinea pigs in a test flight this weekend to examine how passengers will cope with such a long journey.Costs don’t explain it. Indeed, they’re likely to be somewhat worse on direct ultra-long-haul flights than on more conventional routes. On a fully-laden twin-aisle passenger jet, fuel will often weigh more than all the passengers and cargo. Breaking the journey and refueling en route at a hub airport is a good way of keeping costs down, because it means that you don’t have to carry fuel for the second “leg” of the flight.Revenue, however, is a different matter. Qantas’s domestic business is so profitable because it has a single struggling rival, Virgin Australia Holdings Ltd. Despite flying more passengers in the 12 months through June than it did six years earlier, Australia’s domestic aviation network operated fewer flights. That’s possible because the muted competition between Qantas and Virgin gives them the discipline to keep a lid on capacity growth, allowing more people to be squeezed onto each plane and keeping prices high.International routes aren’t normally like that. At least a dozen different airlines typically compete to ferry passengers between Australia and Europe, and those with hub airports mid-route can easily serve multiple destinations in a way that would be crippling to an end-of-line carrier like Qantas. The partnership between Qantas and Emirates, which started in 2013, was intended to get around this problem by funneling the Australian carrier’s passengers onto the huge network operated by its Gulf partner. While that’s helped return the international unit to profit, margins are vanishingly thin.Ultra-long-haul flights are best understood as a way for the likes of Qantas to reverse the disadvantage that this tyranny of distance engenders. It will never have the network and operations to compete with the geographic advantages of hub carriers in moving passengers between Australia, Europe and North America. However, if it can tempt the more profitable premium passengers away from hub airports with a more direct route, it at least has some ammunition on its side next time it enters negotiations with Emirates about how to share revenues from their flights. You can see this even just looking at its aircraft seat maps. About 18% of the seats on Qantas’s Boeing Co. 787-9 that it uses to fly from Perth to London and on routes between Australia and the U.S. are in business class, with another 12% in premium economy. That’s a larger share of high-margin seats than on the planes that had previously been the workhorses of its international network.It’s probably right to be skeptical that spending 20 hours in economy class can be as glamorous as Qantas’s elaborate pre-testing makes it sound. The only way airlines can make decent money flying to the far side of the world is by letting business class subsidize the rest of the cabin. If you’re flying coach, these flights aren’t really aimed at you.To contact the author of this story: David Fickling at dfickling@bloomberg.netTo contact the editor responsible for this story: Matthew Brooker at mbrooker1@bloomberg.netThis column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners.David Fickling is a Bloomberg Opinion columnist covering commodities, as well as industrial and consumer companies. He has been a reporter for Bloomberg News, Dow Jones, the Wall Street Journal, the Financial Times and the Guardian.For more articles like this, please visit us at bloomberg.com/opinion©2019 Bloomberg L.P.