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QAN - Qantas Airways News Story

A$4.77 0.0  0.6%

Last Trade - 07/05/21

Sector
Industrials
Size
Large Cap
Market Cap £5.04bn
Enterprise Value £8.48bn
Revenue £3.87bn
Position in Universe 66th / 1907

BUZZ-Aussie, NZ travel firms fall as virus case casts shadow on bubble

Wed 21st April, 2021 2:23am
** Travel stocks in Australia and New Zealand slide after a
new COVID-19 case in the latter sparks worries over a pause in
the trans-Tasman quarantine-free travel
    ** Case detected at Auckland airport comes just a day after
the country opened a travel bubble with Australia  urn:newsml:reuters.com:*:nL1N2MD04H
    ** There was no initial indication that the travel bubble
would be halted
    ** Air New Zealand  AIR.NZ  drops 1.4%, while Qantas Airways
 QAN.AX  slides over 3% to hit lowest since March 9
    ** Airport operators Auckland International Airport  AIA.NZ 
and Sydney Airport Holdings  SYD.AX  down 2.5% and 1.3%
respectively
    ** Tourism service providers Webjet Ltd  WEB.AX , Helloworld
Travel  HLO.AX  and Flight Centre Travel Group  FLT.AX  shed
~1%-~3% 


 (Reporting by Shruti Sonal in Bengaluru)
 ((Shruti.Sonal@thomsonreuters.com; Twitter: @shrutisonal26))
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