Saturday April 4, 2020

Qantas plunges to record low

Qantas Airways, Australia’s largest carrier, closed at its lowest level since a 1995 privatisation as analysts forecast a record loss amid a market share fight with Virgin Australia.

10th December, 2013

Qantas Airways, Australia’s largest carrier, closed at its lowest level since a 1995 privatisation as analysts forecast a record loss amid a market share fight with Virgin Australia.

The stock fell 3 per cent to 96.5 Australian cents in Sydney, half a cent below its previous record low last June. Net losses in the year ending June will hit A$428 million, according to the average of six analyst estimates compiled by Bloomberg, the second...

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader

Trial

€1

Unlimited Access for 1 Month

Then €19.99 a month after the offer period.

Get basic
*New subscribers only
You can cancel any time.

Annual

€200

€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.

Quarterly

€55

€42

90 Day Pass

You can cancel any time.

Team Pass

Get a Business Account for you and your team

Share this post

Related Stories

The best writing and and the biggest stories of 2019 from the Business Post

Richie Oakley | 3 months ago

Denis O’Brien is back in court, residents continue to fight the Council on halting site and a row surfaces in government over rent control proposals

Leanna Byrne | 4 years ago