QAN 0.80% $7.42 qantas airways limited

Anyone Calling Sub $2 for QANTAS ?, page-1080

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    Papasmurf61

    You do understand that just because restrictions are lifted for domestic travel in July doesn't mean that everyone will start flying again. China just reported that their domestic tourist numbers were down 60% over their latest holiday period in May compared to the same time last year and this is eventhough they claimed to have contained the virus in late March and lifted restrictions more than a month ago. Most airlines need a load factor of 75%+ to make a profit and this will be very difficult before a vaccine is available and if airlines are required to leave the middle seats empty.
 
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