South Pac Share and Oil Price Weekly Update

Each week the Blue Swan Daily brings you a snap shot of the key share and oil prices related to all things travel and aviation.

Monthly Share Price Snapshot:

Source: ASK (Prices in AUD)

Key news stories of the week

Qantas Airways

Qantas stated BlackRock Group ceased to be a substantial holder on 18-Jan-2018, and reported Blackrock Capital ownership in the company reached 5.04%, totalling 88.1 million shares.

Regional Express

Regional Express (Rex) is expected to sign an five year agreement with the Western Australia Government, subject to successful negotiations, to operate additional services in the state in the financial year to 30-Jun-2019 (The West, 11-Jan-2018). Western Australia Department of Transport reportedly expects an agreement to be signed in early 2018, at which points details of schedules and fares will be disclosed. The current deeds of agreement between the State Government and Skippers Aviation expire on 01-Jul-2018.

 

Oil Prices Update