If peak cv19 is in a month, we can open the bubbly....so wish you were anywhere right.. even 2 months,I’ve never had much success catching a falling knife. Before CV19 Qantas was performing well and is well run company. Given the brand and national importance I’ve heard commentary that the government would bail qantas out if required. If this were all true it would surely make QAN one of the best leverage plays to a recovery in the global travel industry ??
China seems to be past peak infection rates, with Europe 1-2 weeks away and Australia 4 weeks away from peak CV19 according to some commentators does this mean we could see some normality by year end for QAN?
Am thinking of liquidating my Qantas points (inFrequent Flyer) and turning them into wine.
I know the rational / optimal action is to utilise for future flights, but
- am unlikely to fly soon
- if I do travel, some bargains may be thrown up; cheap tix with any number of airlines
- QAN likely to devalue the FF points even more, as the balance sheet gets pressured
- wine is delivered to my door
Didn't I read somewhere that QAN gets something in the order of 30% of its profit from associated activity, the lounge, the frequent flyer program, the marketing for wine, etc
QAN has bounced hard from 19 March from 2.08 to 3.35, any recovery from here feels like a slow grindI’ve never had much success catching a falling knife. Before CV19 Qantas was performing well and is well run company. Given the brand and national importance I’ve heard commentary that the government would bail qantas out if required. If this were all true it would surely make QAN one of the best leverage plays to a recovery in the global travel industry ??
China seems to be past peak infection rates, with Europe 1-2 weeks away and Australia 4 weeks away from peak CV19 according to some commentators does this mean we could see some normality by year end for QAN?
I wonder when QAN will pay the next dividend? Surely capital growth must be hard to invest on, unless you think enough people are willing to run with the herd! But when are the international borders coming down?on the day that Virgin Airways Holdings VAH lost an H and went plain ol' VA*, the reaction of QAN was muted, to say the least. QAN has its own problems; competition isn't one of them at present
.
.
*Voluntary Administration
Joyce is expecting Australia's international border to remain closed, at least for tourists, until July next year.
Even when that border reopens, he is expecting the number of international flights in 2021-22 to be just half of what they were before the coronavirus pandemic
Things will not return to normal RE: aviation until there's a vaccine.
So never unless we create a pretend vaccine..well under way it seemsThings will not return to normal RE: aviation until there's a vaccine.
Not looking too good. If in an ABC correction and if Wave C = Wave A then QAN is gone.
Not my cup of tea at moment.
View attachment 105210
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?