QABSY News and Press, Qantas Airways Ltd ADR From 11/13/23

2023-11-13 00:06:57 ET Summary Qantas refused to pay back COVID-19 support received from taxpayers, instead announcing share repurchases. The controversies surrounding Qantas have damaged its brand reputation, leading to a loss of corporate travelers to competitors. Despite th...

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2023-07-10 13:30:59 ET Summary Airbus booked more than 900 orders in June. Order inflow consisted of the anticipated Air India and IndiGo orders. Deliveries are showing an upward trajectory and could be indicative of supply chain issues becoming more manageable. I pr...

2023-06-30 05:59:17 ET Summary Airbus was the big winner of the Paris Airshow 2023. The company should see a significant addition to its backlog. Future planned production rates are firmly supported by the backlog. The Paris Airshow was hosted earlier this month. In ...

2023-06-15 07:00:00 ET Summary Archer Aviation stock has more than doubled since my last coverage. eVTOLs have been riding a positive wave of momentum. Appointment of former FAA administrator has significant advantages for Archer Aviation's success. Last month, I c...

2023-06-07 13:57:22 ET The Federal Aviation Administration on Wednesday issued a ground stop LaGuardia Airport in New York due to clouds of smoke obscuring the skies over the Northeast. A ground stop was instituted at 12:50PM ET at the New York hub for domestic flights and is du...

2023-06-05 08:09:27 ET The global airline sector received a shot of confidence from the International Air Transport Association, which announced an expected strengthening of airline industry profitability in an upgrade of its outlook for 2023. IATA forecast airline industry net prof...

2023-05-23 13:18:49 ET Summary Qantas dialed down its capacity recovery trajectory. Net debt is expected to be significantly better than the financial framework. Australian airline has increased its share repurchase authorization. I haven’t covered Qantas ( ...

2023-05-02 06:28:26 ET Australian airline Qantas Group ( OTCPK:QABSY ) said that CFO Vanessa Hudson will become its next CEO and MD, replacing Alan Joyce in November. Hudson has been with the airline in various roles for 28 years. Joyce was appoin...

2023-04-13 07:50:38 ET Summary Qantas has rebounded over 50% since July last year. The Australian airline is benefiting from the tailwinds of China's reopening and the dovish stance of the RBA. The company's current valuation remains significantly discounted compared to other ...