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What is the outlook for the Qantas (ASX:QAN) share price?
With cases mounting in NSW but Victoria exiting lockdown, what’s the outlook for Qantas?
Kerry Sun is a site writer at The Motley Fool Australia. He holds a Bachelor of Commerce, majoring in Finance and Economics. Kerry started his investing and trading journey back in 2014, riding the highs of A2 Milk and lows of Slater and Gordon. Kerry takes a techno-fundamental view on stocks, understanding the importance of sound fundamentals supported by a strong technical chart. Current sectors of interest include US sports betting, rare earths, lithium and BNPL.
Expert expects demerger to benefit Tabcorp (ASX:TAH) share price
A proposed demerger could be good news for investors, according to this analyst…
Nikhil Gangaram is currently studying dentistry, however, his first love is the stockmarket which he believes to be the greatest wealth generator in the world. Nikhil has extensive experience in financial markets with a background in economics and having worked as an Australian equities trader for a proprietary firm. His investment philosophy has developed from being a short-term speculator to building long-term and sustainable portfolio returns. Nikhil hopes to help readers become better investors by focusing on stock selection and risk management.
3 best ASX travel shares of financial year 2021
3 best ASX travel shares of financial year 2021
The industry that arguably suffered the most from the COVID-19 pandemic produced some gem stocks, with investors betting on a revival.
Senior journalist at The Motley Fool
Tony Yoo is a senior journalist at The Motley Fool Australia. He formerly wrote for Yahoo Finance, Business Insider and Guardian Australia. Please send story tips to tony.yoo(at)foolcontractors.com. Tony s stock holdings are here.
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ASX travel shares arguably copped the biggest blow from the COVID-19 pandemic.
Every country suddenly found itself fighting an invisible enemy. And one of the bluntest ways to control the spread of the virus was to close the borders.
Both the big players,
Qantas Airways Limited (ASX: QAN) and Virgin Australia, wet lease planes from Alliance.
“Wet leases are agreements between 2 airlines, where the lessor agrees to provide an aircraft, crew, maintenance and insurance to the lessee in return for payment on the number of hours the aircraft is operated, irrespective of how many passengers are on the plane or the price they paid for their seat,” said Montgomery.
“Wet leases offer the lessee everything needed to begin flights on an almost immediate basis.”
The company cleverly took advantage of the depressed aviation market last year, buying up 30 Embraer E190 planes for just $197 million.