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  • Qantas Airways Limited

    Operation of international and domestic air transportation services, the provision of freight services and the operation of a frequent flyer loyalty program.

    QAN$5.970
     0.040 0.67%

    Data last updated:Aug 12, 2024 – 1.58pm. Data is 20 mins delayed.

    Previous Close

    5.930

    Open

    5.990

    Day Range

    5.950 - 6.010

    52 Week Range

    4.670 - 6.520

    Volume

    1,202,067

    Value

    7,189,677

    Bid

    5.960

    Ask

    5.970

    Dividend Yield

    0.00%

    P/E Ratio

    6.46

    Market Cap

    9.720B

    Total Issue

    1,629,460,976

    ASX Announcements

    Change of Director's Interest Notice

    Change of Director’s Interest Notice

    • Aug 8, 2024
    • 3 pages

    Update on FY23 Executive Remuneration

    Company Administration - Other

    • Aug 8, 2024
    • 2 pages

    Qantas Governance Review Report

    Progress Report, Company Administration - Other

    • Aug 8, 2024
    • 21 pages

    Notification of cessation of securities - QAN

    Appendix 3H (Notification of cessation of securities)

    • Jul 10, 2024
    • 4 pages

    Update - Notification of buy-back - QAN

    Daily Share Buy-Back Notice

    • Jul 1, 2024
    • 6 pages

    View all QAN announcements

    Today

    Silva Capital founder and co-managing director Raphael Wood (foreground) with (L to R)  investment director Max Butler, co-managing director Brad Mytton and investment director Roger Cameron in Centennial Park, Sydney. Silva Capital is launching a high integrity carbon fund. Photo: Kate Geraghty

    BHP, Rio and Qantas back $250m carbon fund to beef up emission offsets

    The fund is being run by Silva Capital, itself a joint venture of agriculture-focused private capital investor ROC Capital and C6 Investment Management.

    • Ben Potter

    This Month

    The governance review into Qantas revealed that the board, chaired by Richard Goyder, had “too much deference to a long-tenured CEO”.

    Richard Goyder’s board was on cruise control

    For all its politeness, Tom Saar’s review remains a devastating indictment of Richard Goyder’s board.

    • Myriam Robin
    Former Qantas chief executive Alan Joyce will have more than $9 million docked from his pay.

    Qantas board failed to challenge Joyce’s ‘command and control’

    Qantas’ incoming chairman John Mullen said bonus practices at the airline had been problematic as the board was unable to override “the formulaic results of a compensation scheme” if there was a major scandal.

    • Updated
    • Ayesha de Kretser and James Thomson
    Richard Goyder and Alan Joyce do not come out of the governance review in a good light.

    Indispensable Joyce became excess liability for Qantas

    That the former CEO stayed on long enough for hubris to set sad is reality behind an often striking success story.

    • The AFR View
    Richard Goyder and Alan Joyce do not come out of the governance review in a good light.

    How the Qantas board fell for the cult of Alan Joyce

    A scathing review of the national carrier’s board tells the story of a highly successful chief executive whose growing power was not adequately challenged. It ended badly for everyone.

    • Updated
    • James Thomson
    Advertisement

    Bonus cut for Joyce | Qantas’ explosive review | Our best Games ever

    Read everything that’s happened in the news so far today.

    Nexus Airlines says it could fly on Rex’s WA routes as regional carriers warn on government bailout.

    Rex’s regional rivals eye an opportunity to expand into key routes

    But others in the industry are urging the federal government to step in and provide funding to ensure towns aren’t left without services and staff are paid.

    • Ayesha de Kretser

    Inside the boardroom civil war that brought Rex to its knees

    Bad blood turned executives at the carrier against one another – just as its major lender was trying to sell the airline’s assets to Bain Capital.

    • Ayesha de Kretser
    Official airline monitoring reports did mention anti-competitive behaviour by Rex or Virgin.

    It wasn’t Sydney landing slots that sent Rex into a spin

    Rod Sims and other critics of government aviation policy should analyse the facts before obsessing over slot-hoarding.

    • Graeme Samuel
    Rex aircraft at Sydney airport. The airline faced increasing competition on some of its regional routes.

    Qantas, Virgin’s hold on Sydney Airport slots to face challenge

    Long-awaited changes to Sydney Airport are finally materialising as Labor commits to maintaining regional flights.

    • Ayesha de Kretser

    July

    Rex and Virgin Australia are exploring ways to support regional customers.

    Rex needs a buyer willing to spend big on planes

    The government is downplaying its interest in a bailout, but may have no choice but to stump up to help keep the regions connected.

    • Ayesha de Kretser and James Hall
    Rex Airlines.

    How Rex’s ‘golden triangle’ plan failed

    Rex appears to have fallen prey to the curse plaguing challengers keen to throw down the gauntlet to the established duopoly of Qantas and Virgin. But Labor’s inaction on aviation policy didn’t help.

    • Ayesha de Kretser
    Qantas CEO Vanessa Hudson says the airline would prefer that Rex was sustainable and able to serve the regional routes that were once its speciality.

    Why Qantas isn’t a big winner from Rex turmoil

    At first glance, Qantas looks the obvious winner from the turmoil at Rex. But the aviation sector’s comeback kid won’t be cheering this mess.  

    • James Thomson
    Rex’s board meets on Tuesday.

    Rex stops selling seats as board scrambles to stabilise airline

    The board of embattled Regional Express will meet to decide on the airline’s fate after it stopped selling seats on flights between major cities, and as it evaluates a plan to simplify the business.

    • Updated
    • Ayesha de Kretser
    GrainCorp chief executive Robert Spurway is targeting a major expansion in oilseed crushing.

    Air NZ becomes first major airline to dump emissions targets

    The Albanese government is under pressure on aviation fuel mandates after Air New Zealand abandoned its 2030 target.

    • Brad Thompson and Ayesha de Kretser
    Advertisement
    Qantas’ new A350-1000 aircraft will feature privacy screens in business class.

    Qantas hopes downturn doesn’t extend to business class

    Fears of a lull in demand sent airline stocks lower across the globe, but wealthier older travellers appear to be prioritising spending on more expensive seats.

    • Updated
    • Ayesha de Kretser
    Qatar Airways’ long-awaited QSuites NextGen were unveiled at Farnborough this week.

    Did the world’s best business class seat just get better?

    Qatar Airways and Turkish Airlines are revamping their offering, bringing in new features as competition at the pointy end grows.

    • Ayesha de Kretser
    Renee Wootton was unsure if she would be able to complete her degree in aerospace engineering.

    This exec wants more than a CEO role. She wants to be an astronaut

    Renee Wootton is one of the 2024 BOSS Young Executives. She works in the fledgling sustainable aviation sector, but her real goal is to go to the International Space Station.

    • Sally Patten
    Qantas QF787-9 direct from London arrives at Sydney Airport after 19  hours and 19 minutes.

    He wrote Qantas’ Project Sunrise off as a PR stunt. Now he runs it

    After years in the planning, the airline’s head of international Cam Wallace is preparing to launch the ultra-long haul flights to London and New York.

    • Ayesha de Kretser
    Qantas Super has managed the retirement savings of the airline’s employees for the past 85 years, but will be acquired by Australian Retirement Trust following a deal on Wednesday.

    ART closes in on AustralianSuper’s top spot with new merger

    The deal will add Qantas’ $9 billion in funds under management to the Australian Retirement Trust’s ballooning $280 billion-plus asset pool.

    • Hannah Wootton

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