Business
Is the Qantas (ASX:QAN) share price flying closer to recovery?
The Qantas Airways Ltd (ASX: QAN) share price is making a miraculous recovery fuelled by vaccine hopes and reopening borders. The recent strength of airlines is demonstrated by the 30% increase in the US Global Jets ETF in November, which comprises various airline carriers around the world including Qantas.
Qantas is now within 25% of its previous record all-time high set in December 2019. However, it may feel like the share price has run before its business has made a material recovery. So, what are the current circumstances for the business? And what can investors look forward to in FY21?
Current border situation
Australia’s COVID-19 border restrictions have eased again with only South Australia listed as a hotspot for…
-
Business17 hours agoWhy is Alphabet stock worth less than Nvidia, Microsoft, Apple, and Amazon even though it is the most profitable S&P 500 company?
-
General24 hours agoMichael Beatty, veteran current affairs journalist and animal welfare advocate, dies aged 76
-
Noosa News17 hours ago‘Sunny, benign’ school holiday weather after morning showers in parts of Queensland
-
Noosa News14 hours agoTips to improve engagement – Proctor