QAN 0.74% $5.45 qantas airways limited

QAN is in Trouble...

  1. 725 Posts.
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    I can not help but share my view on QAN being



    I would be SELLING.... SELLING

    1. Airline profit is at record high



    2. Profit is highly cyclical and will be trending down



    3. Airlines only make $164 for every $16,400 they spend on the typical domestic flight, according to an analysis by Oliver Wyman at Wall Street Journal

    That’s a ridiculously low 1% profit margin.

    The rest of the money goes to fuel (29%), salaries (20%), ownership costs (16%), government fees and taxes (14%), maintenance (11%) and other (9%).

    So if you have a 10% increase in fuel.... say GOODNIGHT !

    If you have an interest in aviation, follow writings by Dr Rico Merkert, Lecturer at Sydney University. I nearly did my PhD in Aviation, worked extensively on the review of the Cost Benefit Analysis for the second Sydney Airport and from an Aviation perspective

    Here is his research work - http://sydney.edu.au/business/staff/rico.merkert
 
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$5.42 $5.50 $5.37 $50.67M 9.312M

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$5.46 41289 3
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Last trade - 16.10pm 28/03/2024 (20 minute delay) ?
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Last updated 15.59pm 28/03/2024 ?
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