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 bounced back from a 10% drop in share price week-on-week to increase by almost the exact same amount, finishing the week on AUD6.53 per share.

Virgin Australia

Virgin Australia chairman Elizabeth Bryan reportedly appointed executive search firms Maritana Partners and Russell Reynolds to lead the search for candidates to replace outgoing CEO John Borghetti (The Australian Financial Review, 28-Jun-2018). Mr Borghetti announced in mid-Jun-2018 that he will depart from the carrier before 01-Jan-2020. Virgin Australia has announced it will conduct a global search for a replacement, considering both internal and external candidates.

Oil Prices Update