Qantas Airways Limited (ASX: QAN)
Company Information Qantas Airways Limited (ASX: QAN) Qantas Airways Limited is an Australia-based domestic and international airline. The principal activities of the Company include the operation of international and domestic air transportation services and provision of freight services and the operation of a frequent flyer loyalty program. The Company’s segments include Qantas Domestic,…
Can Alliance Aviation Services Keep Growing without Qantas?
The Qantas effort to acquire Alliance Aviation Services appears to be in limbo, at best, and dead, at worst. Alliance’s Half Year 2023 Financial Results affirmed management’s confidence in the company’s growth plan. The company’s year-over-year share price decline may make AQZ worthy of increased investor interest. Alliance Aviation Services’ core business is providing charter…
Qantas takes to the skies with Sydney to Bengaluru route
A new Qantas route between Sydney and Bengaluru has taken to the skies today thanks to the NSW Government’s Aviation Attraction Fund, marking the first direct connection between Australia and Southern India by any airline. Treasurer Matt Kean said the new service will deliver more than 44,000 inbound international seats to Sydney up to 30…
Qantas, the trying kangaroo
Unlike many airlines, Australia’s flag carrier Qantas has survived the pandemic. But its return to normal service – and profitability – is proving to be a bumpy ride. It could well get worse before it gets better. As domestic and international travel picks up, the airline is struggling to keep up – having laid off…
Qantas’ proposed acquisition of Alliance Airlines
The ACCC has outlined preliminary competition concerns with Qantas Airways’ (ASX: QAN) proposed acquisition of Alliance Aviation Services Ltd (ASX: AQZ) in a statement of issues published today. In Australia, Qantas and Alliance provide air transport services to regional and remote areas for corporate customers. The airlines closely compete in the supply of these services…