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QABSY - Qantas: Lack Of Air Travel Activity Will Continue To Hurt Earnings
October, 01 2020 12:32 AM
Qantas Airways Ltd ADR
The recovery of air travel to its pre-COVID-19 levels will take years. In Q4 alone, Qantas’s domestic passenger revenues declined by 97% Y/Y. We believe that Qantas is one of those airlines that investors should avoid and look for other investments with a better risk/reward ratio. For further details see:
Qantas: Lack Of Air Travel Activity Will Continue To Hurt Earnings
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