Search ASX code:
Generic filters

Search ASX code:
Generic filters

Search ASX code:
Generic filters

Want to invest ethically for a brighter future?
(but still make lots of money)?

Want to invest ethically for a brighter future? (but still make lots of money)?

 Take Rask’s FREE Ethical Investing course today.

  • Online & 100% free
  • ETFs, shares & Super
Want to invest ethically for a brighter future? 
(but still make lots of money)?

 Take Rask’s FREE online Ethical Investing course.

The Qantas (ASX:QAN) share price keeps soaring

The Qantas Airways Limited (ASX: QAN) share price has flown higher by another 4.2% this morning. It’s one of the best gains within the ASX 200 (ASX: XJO).

What’s going on with the Qantas share price?

Investors seem to be continuing to react positively to the news that the border between Australia and New Zealand will soon by fully open. There’s going to be a travel bubble between the two countries where travellers won’t have to quarantine to visit either country.

That should mean a lot more flights from Australia to New Zealand. It may also mean more flights to Australia because Kiwis won’t have to quarantine when they go back.

Qantas will reportedly fly up to 122 return flights each week to New Zealand once the bubble opens. Qantas and Jetstar will resume the previous 13 routes that were done before COVID-19, as well as two new routes, which will connect Auckland, Cairns and the Gold Coast. Flights will also be available for the whole year between Queenstown, Melbourne and Brisbane.

Qantas believes the New Zealand routes will increase its operating capacity to 83% of pre-COVID-19 levels, which the airline says “reflects a high level of expected demand for what will be Australia’s only international destination for at least the next six months”.

The Guardian quoted Qantas executive Andrew David, he said: “Restarting flights to New Zealand is about more than starting to rebuild our international network, it’s about reconnecting families and friends and getting more of our people back flying again. We know Australians are keen to head overseas again, so we expect strong demand for flights to New Zealand and there are many Kiwis who can’t wait for a winter escape to warmer weather in Australia.

Summary thoughts

The Qantas share price is exciting investors again, but its profit still has a long way to go to fully recover. It could be one to watch, if the bubble leads to a lot of passengers.

There may be other ASX growth shares even closer to a recovery though.

Is BNPL the opportunity of a lifetime or is the sector a ticking time bomb?

Rask's analyst has just finished a 7,500-word report, The Ultimate BNPL Sector Report, taking a deep dive into this booming ASX sector. It shines a spotlight on each of the major players. You can get the full analyst report for FREE by CLICKING HERE NOW or entering your email below.

Note: the report is 100% free.

Unsubscribe anytime. Read our TermsFinancial Services GuidePrivacy Policy. We’ll never sell your email address. Our company is Australian owned.

Afterpay, Zip Co, Sezzle…

Is BNPL the opportunity of a lifetime or is the sector a ticking time bomb?

Rask's analyst has just finished a 7,500-word report, The Ultimate BNPL Sector Report, taking a deep dive into this booming ASX sector. It shines a spotlight on each of the major players. You can get the full analyst report for FREE by CLICKING HERE NOW.

Note: the report is 100% free.

At the time of publishing, the author of this article does not have a financial or commercial interest in any of the companies mentioned.

Information warning: The information on this website is published by The Rask Group Pty Ltd (ABN: 36 622 810 995) is limited to factual information or (at most) general financial advice only. That means, the information and advice does not take into account your objectives, financial situation or needs. It is not specific to you, your needs, goals or objectives. Because of that, you should consider if the advice is appropriate to you and your needs, before acting on the information. If you don’t know what your needs are, you should consult a trusted and licensed financial adviser who can provide you with personal financial product advice. In addition, you should obtain and read the product disclosure statement (PDS) before making a decision to acquire a financial product. Please read our Terms and Conditions and Financial Services Guide before using this website. The Rask Group Pty Ltd is a Corporate Authorised Representative (#1280930) of AFSL #383169.

Keep reading:

Rask Media’s Ultimate BNPL Sector Report

Afterpay, Zip, Sezzle… is this the opportunity of a lifetime? Or is BNPL a ticking time bomb? This 7,500-word analyst report takes a deep dive into the BNPL sector and shines a spotlight on each of the major players in this booming market. 

Unsubscribe anytime. Read our TermsFinancial Services GuidePrivacy Policy. We’ll never sell your email address. Our company is Australian owned.

As we emerge from COVID-19, some tech companies are growing faster than ever. Rask’s investment analysts have identified 3 growth stocks set to benefit. Big time.

Enter your email below to access this report for free, including the names, ticker codes and analysis.

Unsubscribe anytime. Read our TermsFinancial Services GuidePrivacy Policy. We’ll never sell your email address. Our company is Australian owned.