A current stock to watch is Aussie stock Qantas Airways.
Qantas Airways Ltd (QAN) is one of the leading long distance airline carriers and operates subsidiary businesses in the airline industry.
Qantas has reported a 14% on-year increase in passengers for February.
February’s average ticket prices, or total yield, fell 5.1% on domestic routes and 18.5% on international routes.
In a better result for QAN, international yields on its mainline Qantas routes were down 0.1% in February, compared to a 7.7% decline in January.
Qantas’s Australian share price has put on a nice gain in the last month, rising from $2.56 to around the $2.90 mark.
Learn more with a free report.