|Bid||7.18 x 0|
|Ask||6.79 x 0|
|Day's Range||6.72 - 6.84|
|52 Week Range||5.18 - 7.01|
|Beta (3Y Monthly)||0.29|
|PE Ratio (TTM)||12.46|
|Forward Dividend & Yield||0.26 (3.83%)|
|1y Target Est||N/A|
Qantas tested its first “ultra long-haul” direct flight from NY to Sydney this past weekend. It's the longest flight in the world at 19 hours. Yahoo Finance's Jen Rogers, Andy Serwer and Brian Cheung discuss on The Final Round.
When I signed up to join a trial run of the world's longest commercial flight, I expected an exercise in endurance but not steak for breakfast and a physical work-out regime. In preparation for its first 19-hour non-stop commercial flight planned for 2022-3, Qantas Airways is carrying out three dummy runs from London and New York to Sydney to test the effects of ultra-long haul flying on passengers, staff and pilots alike. On board were six test passengers under constant electronic monitoring by the Australian carrier.
Qantas Airways Ltd could place an order for planes capable of ultra long-haul flights early next year, the airline's chief executive said after he completed a 19 hour, 19 minute non-stop test flight from London to Sydney on Friday. Alan Joyce said he saw a "double sunrise" as a passenger aboard the second of three research flights being conducted to help the Australian airline decide on whether to order planes for what would be the world's longest commercial route.
Delays with the next-generation Boeing 777 have prompted the aerospace giant to offer Qantas a temporary measure as it mulls Project Sunrise options.
"We're doing this because it's the responsible thing to do," Qantas' Chief Executive Alan Joyce said in a statement, calling climate change concerns "real". IAG last month became the first major airline group to make the net zero by 2050 commitment, leading the way amid intense pressure from climate change activists such as Extinction Rebellion and teenager Greta Thunberg.
Elizabeth Warren Proposes $52 trillion Health Care Plan Democrat presidential candidate Elizabeth Warren is proposing bringing spending into the next level of scientific notation with her spending plans, while at the same time insisting that it won’t affect the middle class at all. Her healthcare plan would cost about $52 trillion, give or take a […]The post Market Morning: Warren's $52T Plan, British Fracking Ban, Xi to Iowa, Boeing Cracked Pickle Forks appeared first on Market Exclusive.
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.
Australian airline Qantas Airways said on Friday it grounded three of its Boeing 737s over hairline cracks found in wing structures but expected to have them flying again this year.
Qantas Airways Ltd said on Friday it found structural cracks in three of its Boeing Co 737 NG planes after conducting earlier-than-required checks of its aircraft as part of a global issue with the model. The cracks are on what is known as the "pickle fork" – a part that attaches the plane's fuselage, or body, to the wing structure. The three Qantas jets, all of which had around 27,000 take-off and landing cycles, rather than the 30,000 that had required immediate checks, have been removed from service for repair, the airline said in a statement.
SYDNEY/CHICAGO (Reuters) - Qantas Airways Ltd and Southwest Airlines Co are stepping up checks for structural cracks on Boeing Co 737 NGs after discovering problems with planes that did not require urgent inspections, airline sources said. The cracks are on what is known as the "pickle fork" - a part that attaches the plane's fuselage, or body, to the wing structure. The U.S. Federal Aviation Administration (FAA) on Oct. 2 mandated checks of 737 NGs with more than 30,000 take-off and landing cycles - which typically correspond to the number of flights - within seven days.
SYDNEY/CHICAGO, Oct 31 (Reuters) - Qantas Airways Ltd and Southwest Airlines Co are stepping up checks for structural cracks on Boeing Co 737 NGs after discovering problems with planes that did not require urgent inspections, airline sources said. The cracks are on what is known as the "pickle fork" - a part that attaches the plane's fuselage, or body, to the wing structure.
United Airlines Holdings Inc. and Air New Zealand Ltd. said Wednesday they are planning to launch the only nonstop service between New Zealand and the U.S. East Coast, a flight between Newark's Liberty International Airport and Auckland. The flight will be operated by Air New Zealand and will take 17 hours and 40 minutes southbound and 15 hours and 40 minutes northbound, the airlines said in a joint statement. The flight will be offered three times a week staring in October of 2020. The partners already offer a flight connecting Chicago and Auckland. Air New Zealand's code share service will be offered on 90 flights across the U.S. from Newark, which is a United hub. Australian airline Qantas tested a 19.5-hour flight linking New York and Sydney last week. Air New Zealand's U.S.-listed shares were up 1.3%, while United shares were up 0.4%. The S&P 500 was up 0.2%.
Australia's Productivity Commission on Tuesday said airport operators should be required to provide more information to the competition regulator on their service costs but stopped short of recommending pricing controls or intervening in disputes. Airlines had argued that more oversight was needed to keep a lid on rising access fees that have helped drive the profit margins of Australia's largely monopoly airports to rank among the world's highest, according to carrier-sponsored research.
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To hear Qantas CEO Alan Joyce tell it, it will be four years before the flights actually take off. "Simple Flying" reported that Joyce told "Flight Global" that the aircraft that Qantas needs won't be available until 2023. Airbus Industries has confirmed that it offered Qantas its A350-1000 for Project Sunrise.
It very well could take you longer to read this story than it would to ride on the world’s shortest scheduled passenger flight. Loganair, a Scottish regional airline, holds that title thanks to its itinerary between Westray and Papa Westray, two of the Orkney Islands located north of Great Britain. The 10,000-mile nonstop voyage on a Boeing (BA) 787-9 from New York to Sydney will be the world’s longest flight.