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.
Qantas shares have recovered nicely from last week when it was down 6.7%. Qantas finished the week (03-Nov-2017) at AUD6.21, roughly back at the value it had prior to the airline’s annual general meeting in which it predicted slower growth in H2FY2018 due to tougher domestic competition and higher fuel costs.
Air New Zealand:
Air New Zealand has spent most of the time since Jun-2017 above the AUD3 mark. Unfortunately for the airline it slipped below this figure last week, finishing at AUD2.98. The high for the year remains at AUD3.34.
Monthly Share Price Snapshot:
|Air New Zealand||$3.07||$3.14||$3.16||$3.02||$3.02||$2.98|
Oil Prices Update: