Qantas Airways Limited (ASX: QAN)

Australia flag Australia · Delayed Price · Currency is AUD
6.07
-0.04 (-0.65%)
May 20, 2024, 4:10 PM AEST
-6.90%
Market Cap 10.37B
Revenue (ttm) 20.70B
Net Income (ttm) 1.62B
Shares Out 1.69B
EPS (ttm) 0.91
PE Ratio 6.60
Forward PE 5.90
Dividend n/a
Ex-Dividend Date n/a
Volume 5,516,234
Open 6.13
Previous Close 6.11
Day's Range 6.07 - 6.17
52-Week Range 4.67 - 6.83
Beta 1.08
Analysts n/a
Price Target 7.26 (+19.6%)
Earnings Date Feb 22, 2024

About Qantas Airways

Qantas Airways Limited provides air transportation services in Australia and internationally. The company operates through Qantas Domestic, Qantas International, Jetstar Group, and Qantas Loyalty segments. It offers passenger flying, and air cargo and express freight services; and customer loyalty recognition programs. The company operates a fleet of aircraft under the Qantas and Jetstar brands. Qantas Airways Limited was founded in 1920 and is based in Mascot, Australia. [Read more]

Industry Airlines
Sector Industrials
Founded 1920
Country Australia
Stock Exchange Australian Securities Exchange
Ticker Symbol QAN
Full Company Profile

Financial Performance

Financial Statements

News

Qantas to increase winter flights to India

Qantas increases flights from Bengaluru to Sydney, adds Delhi to Melbourne route. Introduces fast Wi-Fi, extra flights for summer travel. Enhances options for South and Central India travelers.

6 days ago - The Times of India

Australia’s Qantas pauses ‘half-full’ Sydney-Shanghai flights 9 months after post-pandemic restart

Australia’s flag carrier said demand for China travel had not recovered as strongly as expected. Aircraft on the route will be redirected to other destinations across Asia, it said.

6 days ago - South China Morning Post

Australia's Qantas to suspend Shanghai flights on low demand

Qantas will continue to monitor the Australia-China market closely

6 days ago - Zawya

Australia's Qantas to suspend flights to Shanghai on low demand

Qantas Airways said on Tuesday it will suspend its Sydney flights to Shanghai from July 28, citing low demand, around nine months after the Australian flag carrier resumed the service on hopes of a tr...

6 days ago - Reuters

Hedge funds are once again targeting Qantas

Almost $300 million has been bet against Australia’s largest airline, even as it attempts to repair its relationship with customers after selling tickets on flights that were already cancelled.

6 days ago - The Australian Financial Review

Has Qantas really changed?; Perpetual’s fall from grace; AI’s big energy problem

This week on the Chanticleer podcast, James and Anthony look at Qantas’ $120 million settlement, extract lessons from the demise of funds management giant Perpetual, reveal why everyone is talking abo...

10 days ago - The Australian Financial Review

Qantas must atone for all old baggage

Readers’ letters on the Qantas settlement; franking credits for retirees; the Coalition push for nuclear power; and Israel’s closure of Al Jazeera.

13 days ago - The Australian Financial Review

Qantas to pay 74m to settle ticket scandal that saw Alan Joyce quit

Australias Qantas Airways has agreed to pay A$120m (74m) to settle a regulator lawsuit over the sale of thousands of tickets on already cancelled flights, in an attempt to end a reputational crisis th...

13 days ago - Independent Ireland

Qantas agrees to pay $79 million after selling tickets for cancelled flights

Rest of World News: Qantas, Australia's national airline, said on Monday that it had reached a deal with the country's consumer watchdog to pay the equivalent of $79 mill.

13 days ago - The Times of India

Australia's Qantas to pay $79 mln to settle flight cancellation case

SYDNEY: Australia's Qantas Airways agreed to pay A$120 million ($79 million) to settle a regulator lawsuit over the sale of thousands of tickets on already cancelled flights, in an attempt to end a re...

14 days ago - Bangkok Post

Australian airline Qantas agrees payouts over 'ghost flights'

Australia's biggest airline Qantas agrees million-dollar settlement after being accused of selling thousands of tickets for flights it had already cancelled.

14 days ago - Euronews

Qantas Airways will pay millions in compensation after selling seats on cancelled flights

The Australian national carrier will pay 120 million Australian dollars in compensation as well as a fine after it was discovered to have sold thousands of seats on already cancelled flights.

14 days ago - Euronews

Vanessa Hudson has provided a soft landing for Qantas as the airline cuts deal with ACCC

While the new CEO has stemmed some of the reputational damage of the past, the $120m fine is a clear success for the ACCC Get our morning and afternoon news emails , free app or daily news podcast In ...

14 days ago - The Guardian

Why didn’t ACCC litigate Qantas?

Is what might be seen as regulatory brand ransom to force companies to admit to lesser charges and avoid the need to litigate, the way the watchdog should seek to uphold Australia’s consumer protectio...

14 days ago - The Australian Financial Review

Qantas’ Hudson takes the chance to shed some Joyce baggage

Qantas CEO Vanessa Hudson has finally accepted reality by making a deal with the competition watchdog headed by Gina Cass-Gottlieb over ghost flights. It’s part of her determination to leave behind th...

14 days ago - The Australian Financial Review

Decoding Qantas' "Ghost Flights" Scandal, Which Led To $66 Million Penalty

Australia's competition watchdog, the Australian Competition and Consumer Commission, revealed that Qantas "admitted that it misled consumers" by advertising seats on tens of thousands of flights, des...

14 days ago - NDTV

Australia’s Qantas to pay $79m over ‘ghost flights’ furore

Competition watchdog says national carrier's advertising of cancelled flights was 'egregious and unacceptable'.

14 days ago - Al Jazeera

Qantas to pay $120m after allegedly selling tickets for cancelled flights – video

Qantas will hand over $100m as a civil penalty and pay out $20m to customers in compensation, after striking a deal with the consumer watchdog over a landmark action for allegedly selling tickets to f...

14 days ago - The Guardian

Qantas to pay $120m for allegedly selling tickets to flights that had already been cancelled

The airline agrees to a $100m fine and to repay $20m to customers in settlement with the ACCC Follow our Australia news live blog for latest updates Get our morning and afternoon news emails , free ap...

14 days ago - The Guardian

Qantas will pay up to about $79 million to resolve claims it sold tickets for canceled flights

Qantas was accused in 2023 of advertising tickets to flights that were already canceled. Regulators announced Sunday that the airline agreed to pay $13.2 million to impacted customers.

14 days ago - Business Insider

Qantas agrees payouts over 'ghost flights'

Qantas agrees to pay millions to settle lawsuit accusing it of selling tickets to cancelled flights.

14 days ago - BBC

Qantas to Pay Civil Penalty for Selling Tickets on Canceled Flights

Australia’s major airline will pay a civil penalty of $66.1 million to resolve court proceedings with a regulator which alleged the airline had advertised tickets for more than 8,000 flights it had al...

14 days ago - The Wall Street Journal

Qantas to pay A$100 million fine for selling tickets for canceled flights

Qantas said it has agreed to pay a civil penalty of 100 million Australian dollars (US$66.1 million) to resolve court proceedings with a regulator which alleged the airline had advertised tickets for ...

14 days ago - MarketWatch

Qantas Pays A$100 Million Fine to Settle Ghost Flight Claims

Qantas Airways Ltd. agreed to pay a A$100 million ($66 million) penalty and compensate tens of thousands of passengers to resolve claims the airline continued to sell tickets on flights it had already...

14 days ago - BNN Bloomberg