|Bid||5.66 x 0|
|Ask||5.67 x 0|
|Day's Range||5.65 - 5.76|
|52 Week Range||4.18 - 5.92|
|Beta (5Y Monthly)||1.27|
|PE Ratio (TTM)||N/A|
|Earnings Date||Aug 26, 2021|
|Forward Dividend & Yield||N/A (N/A)|
|Ex-Dividend Date||Mar 02, 2020|
|1y Target Est||N/A|
Qantas Airways Ltd expects to get back to flying 100% of its pre-COVID-19 domestic capacity by January as Australian state borders open up due to surging vaccination rates, the airline's chief executive said on Thursday. "It looks like by Christmas we will have every state open except for Western Australia, and Western Australia will open up domestically hopefully early in the new year, we assume around February," Qantas CEO Alan Joyce said at an industry conference held by Flight Centre Travel Group Ltd. Joyce said Qantas had just one daily flight from Sydney to Melbourne at present, down from 55 before the pandemic when it was one of the world's busiest domestic routes.
SYDNEY (Reuters) -Australia's Qantas Airways Ltd said on Friday it had agreed an A$802 million ($595 million) deal to sell land near Sydney Airport to a consortium led by LOGOS Property Group to reduce debt, as the carrier recovers from pandemic lows. "We'll use these funds to help pay down debt that we've built up during the pandemic," Qantas Chief Executive Alan Joyce said. Qantas shares were trading 2.3% higher at 00:00 GMT, ahead of a 0.5% gain in the broader market.
Qantas Airways Ltd expects to order more than 100 narrowbody and regional planes next year as well as widebodies capable of the world's longest commercial flights from Sydney to London, its chief executive said. Qantas plans to select the preferred supplier to replace its ageing fleet of 75 Boeing Co 737-800s and 20 717s in December, CEO Alan Joyce said in a virtual press briefing on the sidelines of the International Air Transport Association (IATA) annual meeting in Boston. "It is only once in a generation you go through a major fleet renewal like this," he told reporters.