Australian Blue Chip Shares News Qantas (QAN)

Qantas QAN ASXQantas (QAN) is one of the world’s leading airlines, an Australian icon, and is considered among the market’s blue chip shares.

On top of its standard domestic and international flights, QAN also owns budget airline Jetstar, regional airline QantasLink and related travel businesses Qantas Flight Catering.

On 23 November, QAN advised that it plans to resume Airbus A380 flights from this Saturday, but only certain routes that don’t require the aircraft using full thrust.

The decision to restore flights follows an engine inspection program carried out in the wake of this month’s emergency landing in Singapore.

The initial flights will operate on routes between Australia and the UK.

QAN shares edged up 0.4%, making it one of the few gainers in the stock market on the day of its update.

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