|Bid||0.0000 x 0|
|Ask||0.0000 x 0|
|Day's range||3.3200 - 3.4300|
|52-week range||2.9300 - 4.4100|
|Beta (5Y monthly)||1.19|
|PE ratio (TTM)||N/A|
|Forward dividend & yield||N/A (N/A)|
|Ex-dividend date||02 Mar 2020|
|1y target est||N/A|
Qantas Airways Ltd will cut domestic capacity by 10 more percentage points, to 60% of pre-pandemic levels, in the March quarter after the state of Western Australia indefinitely delayed opening its border, the carrier said on Friday. The opening planned for Feb. 5, was cancelled late on Thursday, with authorities in Western Australia citing health risks from a surge in the Omicron variant of coronavirus in eastern states. In a statement, Qantas said, "The group retains the flexibility to adjust flying levels depending on demand and clarity on border re-opening in the weeks and months ahead."
SYDNEY (Reuters) -Qantas Airways Ltd has pared about a third of planned domestic and international capacity in the March quarter to better match travel demand after a rise in COVID-19 infections, it said on Thursday. Qantas has not made material capacity adjustments for the fourth quarter, it added. The Australian carrier is the latest airline globally to make major March quarter capacity cuts as the highly infectious Omicron variant of the coronavirus spreads globally, dampening travel demand and leading to rising sick calls among staff.
Airbus completed a triple crown of aircraft orders at the expense of rival Boeing on Thursday with a deal to supply 100 narrowbody jets to Air France-KLM subsidiaries in the airline group's largest purchase based on number of jets. The planemaker's third big win in 36 hours - after deals in Singapore and Australia - involves Dutch subsidiary KLM and a pair of low-cost units, all of which have traditionally relied solely on Boeing for widely used medium-haul passenger planes. The contract covers Airbus A320neo and A321neo aircraft and will renew the medium-haul fleets of KLM and Dutch low-cost unit Transavia Netherlands, while also allowing for both the renewal and expansion of the fleet at sister unit Transavia France.