QAN 0.72% $6.90 qantas airways limited

Air NZ needs QAN

  1. 465 Posts.
    Looks like a deal will go thru eventually.

    From ABC online:

    Air New Zealand to consider Qantas merger
    Air New Zealand has announced an annual loss of just under $300 million and admits it would be foolhardy not to consider a deal with Qantas.

    The collapse of Ansett has hit Air New Zealand's bottom line hard.

    Without the Ansett burden, the airline could have turned a profit of about $30 million.

    But Air New Zealand's chairman, John Palmer, says the company is far from strong and not viable in the long-term.

    Mr Palmer says the airline must consider a partnership with Qantas, although as yet the board has no firm proposal to take to its shareholders.

 
watchlist Created with Sketch. Add QAN (ASX) to my watchlist
(20min delay)
Last
$6.90
Change
-0.050(0.72%)
Mkt cap ! $10.36B
Open High Low Value Volume
$6.94 $6.98 $6.83 $10.11M 1.466M

Buyers (Bids)

No. Vol. Price($)
24 33790 $6.90
 

Sellers (Offers)

Price($) Vol. No.
$6.91 16496 19
View Market Depth
Last trade - 11.36am 14/11/2019 (20 minute delay) ?
(live)
Last
$6.88
  Change
-0.050 ( 0.74 %)
Open High Low Volume
$6.96 $6.98 $6.83 585843
Last updated 11.55am 14/11/2019 (live) ?
QAN (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.