The results today are uninspiring, especially given how QAN has a largely elderly international and domestic fleet of aircraft.
Internationally, a host of major and minor competitors have younger fleets than QAN.
While not its fault, deliveries of the domestic A220-300s did not meet target, with only two of a planned three delivered during FY 24.
SH dividends may resume from 2H 25 "subject to Board approval". IIRC it's been 2019 since QAN SH have been paid a dividend.
The result includes lower profits from mainline (Qantas brand) domestic and international flying divisions. The latter is starting to come under a lot of pressure.
Will QAN survive?, page-6463
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Last
$6.39 |
Change
0.065(1.03%) |
Mkt cap ! $10.28B | |||
| Open | High | Low | Value | Volume |
| $6.32 | $6.42 | $6.18 | $32.78M | 5.198M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1378 | $6.83 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.07 | 2644 | 6 |
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| Last trade - 15.59pm 29/08/2024 (20 minute delay) ? |
| QAN (ASX) Chart |