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QAN - Qantas Airways

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QAN has announced that its all systems go after the opening up of OZ.
From The OZ
Not sure how CASA will see this "switching on".
Given so many pilots have not even flown for months, and operational currency rules have not been relaxed, it is going to take more than running 24 hour shifts on the simulators to get enough pilots to satisfy the recency rules to fly all these planes.
So many pilots will not be going back to flying after COVID, maybe the pilot shortage will rear its ugly head again.
Mick
 
baby steps .... yield / demand management to the fore, I'd suspect

What international flights are there from Sydney?​

  • Los Angeles, United States from November 1
  • London, UK from November 1
  • Singapore from November 23
  • Delhi, India (via Darwin) from December 6 (subject to discussion with Indian authorities)
  • Nadi, Fiji from December 7
  • Vancouver, Canada from December 18
  • Tokyo, Japan from December 19
  • Honolulu, United States from December 20
  • Johannesburg, South Africa from January 5
  • Phuket, Thailand (with Jetstar) from January 12
  • Bangkok, Thailand from January 14

What international flights are there from Melbourne?​

  • Singapore (with Jetstar) from December 18

What international flights are there from Darwin?​

  • Delhi, India (flight originates in Sydney) from December 6 (subject to discussion with Indian authorities)
  • Singapore (with Jetstar) from December 16, 2021

What about Virgin Australia?​

  • Virgin Australia has announced it will resume flights to Nadi, Fiji from Christmas.
  • Flights from Sydney, Melbourne and Brisbane will resume on December 16, 17 and 18 respectively.
  • The airline is scheduled to resume flights to Bali and New Zealand in 2022.
Unlike Qantas and Jetstar, Virgin Australia has not made it mandatory for international travellers to be fully vaccinated.
 



It appears to me that the QAN price has little to do with the actuality of air travel today, but rather as with many stocks the promise of a more certain future.

Pilots will stop driving omnibuses, desert bound planes will be dusted off, CASA will do as they are told by government and cash flow will return. Not today, nor by Christmas but a sometime in the near to mid term future.

gg
 
That post may not have aged well.

We will know in 7-10 days when Covid Omicron reveals its capabilities.

gg
 
I'm actually a bit annoyed it happened over the Thanksgiving holiday on Thursday as all the apprentices would have been in charge with low volumes in the US.

Airlines there down 7-11%. Travel and Petri Dishes ( Cruise Ship Companies ) down 13-15%. on Friday.

Differing versions on Omicron's effects and too early to say.

gg
 
I spoke with an ex QANTA dreamliner captain over the weekend.
He reckons that that a lot of Pilots will not go back, regardless of relaxing of border restrictions.
Many of his peers have taken early retirement, and those with instructor ratings are keeping their hands in doing part time instruction.
It seems that despite the COVID (or maybe because of it), there has been an increase in people wanting to kearn to fly, especially in the RAAUS light sport categories.
But very few , if any of these people will want flying as career.
Two young instructors I know working in the Academy schools for commercial pilots have both sought apprenticeships, one in Electrical, the other in building, because the academies basically shut down.
The REX academy at Wagga has been very quiet.
There is a large chinese owned academy near where my plane is hangared, and it has basically dried up over the past 18 months as student pilots finish their CPL and Command instrument rating, and new students have not been bought in.
So for two years , there has been very little training of the next generation of pilots.
The Qantas guy told me of two of his younger colleagues who were on long term leave without pay.
The last contact they had from Qantas was that they would be required in 2024!
If commercial flying ever gets back to anywhere normal, there will be a severe shortage of pilots.
mick
 
A punt on life returning to normal.
Eventually the world will have some semblance of the pre-Covid life. Thanks to the Omicron variant the QAN SP has suffered and thus QAN is in my Full Year 2022 tipping comp.
 
Craton said:
A punt on life returning to normal.
Eventually the world will have some semblance of the pre-Covid life. Thanks to the Omicron variant the QAN SP has suffered and thus QAN is in my Full Year 2022 tipping comp.
Click to expand...

I'm temped to put Covid (-ve) stocks in next years comp too. Just worried about further knee jerks to the next inevitable strain that mutates 'wildly', or other such adjectives.
 
There is nothing to sharpen the mind more than a loss on a long term holding, so I'll post a chart on QAN.

It wasn't a huge loss on QAN for my SMSF, but I take losses there more personally for some reason than I do in my trading account.

I always look again, after a loss, I seem to learn more from them than the gains. Just me. I hate losing money more than I love makin' it.

I've drawn a chart, a 3 year with support resistance lines at dollar intervals from $7.00 down to $2.00. I don't see much value in the $3.00 one as if it goes there it will be quick and it will end up at $2.00. Equally the $7.00 won't be reached until long after the Trustee for the ggSMSF is on his next life.

So we are left with the $6.00, $5.00 and $4.00. I believe it will swing between $4 and $6 and may be worth long term trading in that range, much as we used long term trade AMP between $4 and $5 and $5 and $6 in the old days.

The fundamentals for the virus and air travel are not good. Last time I looked at US and UK air carriers whose countries are vainly trying business as usual during the plague they were not doing well. Xi may be next after Omicron, or is it the other way around?

QAN will not pay a divi for years so the funds will not be keen to be "brave". All in all a bad scene man as we used to say. A growth stock in the biggest kerfuffle since WW2 is our Qantas.



gg
 

Xi was before Om. They skipped it because it's a province in China.....
 
Sean K said:
I'm temped to put Covid (-ve) stocks in next years comp too. Just worried about further knee jerks to the next inevitable strain that mutates 'wildly', or other such adjectives.
Click to expand...
well some have suggested you shouldn't let a good crisis go to waste

i bought some PFP ( @ $3 in December 2020 ) hasn't done too badly for a stock rarely mentioned in the forums
 
divs4ever said:
well some have suggested you shouldn't let a good crisis go to waste

i bought some PFP ( @ $3 in December 2020 ) hasn't done too badly for a stock rarely mentioned in the forums
Click to expand...
If the narrative was true
but the 90y olds do not even die, only the young ones..and they are too broke to spend much after suicide and jab heart failures?
 
will creep up on the working and administrative staff soon

( rule and regulation changes used to drive me nuts , especially when they didn't remedy a problem )

i remember one inane health and safety lecture which avoided all the potential dangers ( and four obvious ones ) and was bamboozled on what to do in unusual circumstance ( like employees or contractors collapsing on the premises ... since there was NO qualified health-person on the premises ) just made it too complicated for the two certified CPR employees to apply their skills on-site as needed

by the time we got to the bomb threat lecture ... well i converted that to the satire it deserved to be ( we had already had an Anthrax scare and luckily that was a hoax , because it was badly mishandled .. talc powder all through the air-con AND computer systems and i bet to this day i bet nobody checked for lurking asbestos floating around in the air-con and other dust but that was 19 years ago , just dust in the wind

fear is the key
 
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