QAN 0.66% $6.04 qantas airways limited

Will QAN survive?, page-836

  1. 407 Posts.
    lightbulb Created with Sketch. 57
    What do we have to compare it to?
    The Sydney Northern Beaches lockdown/cluster cost QAN $400 million, the Easter Brisbane cluster cost QAN $29million and the 3 day Perth lockdown $15million.
    Considering that this current Sydney lockdown follows closely to the Melbourne lockdown and mass cancellations, this would be costing QAN $100's of millions. Considering the past lockdowns were at a time of no NZ bubble, and QAN has since flooded the market with massive amounts of capacity to kill off any competition, QAN will be losing big time.

    Which of these are now likely to eventuate, i would suggest none of them.

    - Statutory free cash flow positive for 2H21
    - Underlying EBITDA of $400-450 million expected in FY21.
    - Net debt levels peaked in February at $6.4 billion and are expected to be lower than they were in December ($6.05 billion) by the end of the financial year.
    - Strong total liquidity position of $4.0 billion
    - Forecast statutory loss before tax of more than $2 billion in FY21.



    Last edited by mbro: 28/06/21
 
watchlist Created with Sketch. Add QAN (ASX) to my watchlist
(20min delay)
Last
$6.04
Change
-0.040(0.66%)
Mkt cap ! $9.907B
Open High Low Value Volume
$6.05 $6.06 $6.02 $1.388M 229.7K

Buyers (Bids)

No. Vol. Price($)
11 11751 $6.04
 

Sellers (Offers)

Price($) Vol. No.
$6.05 7319 15
View Market Depth
Last trade - 10.37am 30/07/2024 (20 minute delay) ?
QAN (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.