Company factsheets
Qantas was founded in 1920 and has grown to become Australia’s largest domestic and international airline. While the key business remains the transport of airline passengers, the group has grown to include a number of complementary segments: Qantas Domestic, Qantas International, Qantas Freight, Jetstar and Qantas Loyalty (Frequent Flyer)
Opinion
Qantas has launched a new Australian dollar fixed rate bond, maturing in 2023. The question for potential investors is, which is better — the share or the bond?
Company factsheets
Qantas was founded in 1920 and has grown to become Australia’s largest domestic and international airline. While the key business remains the transport of airline passengers, the group has grown to include a number of complementary segments: Qantas Domestic, Qantas International, Qantas Freight, Jetstar and Qantas Loyalty (Frequent Flyer)
Company factsheets
Qantas was founded in 1920 and has grown to become Australia’s largest domestic and international airline. While the key business remains the transport of airline passengers, the group has grown to include a number of complementary segments: Qantas Domestic, Qantas International, Qantas Freight, Jetstar and Qantas Loyalty (Frequent Flyer)
Company factsheets
Qantas was founded in 1920 and has grown to become Australia’s largest domestic and international airline. While the key business remains the transport of airline passengers, the group has grown to include a number of complementary segments: Qantas Domestic, Qantas International, Qantas Freight, Jetstar and Qantas Loyalty (Frequent Flyer)
Company updates
Qantas delivered its FY16 results, with a record underlying profit before tax of $1.53bn, up 57% on the prior year and only slightly below consensus forecast of $1.57bn
Company updates
Domestic airlines may face less favourable operating conditions going forward
Trade opportunities
Qantas was upgraded to an investment grade rating by S&P on 17 November 2015. Moody’s has now followed S&P and upgraded the Qantas rating to investment grade. With investment grade ratings from both rating agencies, now may be a good opportunity for longer term investors to take profits
Company updates
Qantas has delivered a very strong result for 1H16, highlighted by a record underlying profit, improved credit metrics and asset coverage, as well as strong liquidity and cash flow generation
Company updates
We have now added four tranches of the massive BHP subordinated bond issue to the DirectBonds list. Minimum sized parcels vary and currencies include: USD, GBP and EUR. The relevant company news this week includes: BlueScope released a 1H16 trading update and an acquisition announcement, Newcrest reported a moderately weak September quarter and Qantas continues to report strong growth in the month of September