Trade opportunities
Qantas was upgraded to an investment grade rating by S&P on 17 November 2015. Moody’s has now followed S&P and upgraded the Qantas rating to investment grade. With investment grade ratings from both rating agencies, now may be a good opportunity for longer term investors to take profits
Company updates
Qantas has delivered a very strong result for 1H16, highlighted by a record underlying profit, improved credit metrics and asset coverage, as well as strong liquidity and cash flow generation
Company updates
Virgin has delivered a much improved performance in 1H16, driven by improved operating performance and lower fuel costs. The company is targeting a significant improvement in credit metrics by FY17
Company updates
We are pleased to announce the Qantas 7.75% fixed rate bond maturing on 19 May 2022 is now available to retail investors. The bond is available in minimum investment amounts of $10,000
Trade opportunities
Less than a year ago, when Qantas reported a $2.8 billion dollar statutory loss, some commentators were calling the curtain on our domestic carrier
Company updates
Virgin’s improved performance reflects the turnaround in the Australian domestic aviation sector which has more than offset the continued weak performance of the international business
Company updates
Virgin Australia has just announced a trading update for the second quarter of FY15 (2Q15), reporting an impressive turnaround to profitability
Company research
Virgin Australia Holdings Limited (‘Virgin’) is Australia’s second largest airline group providing access to over 450 destinations worldwide. Virgin carried 20 million passengers in FY14 and currently operates 3,400 average weekly scheduled flights to 46 destinations in Australia and 16 international destinations
Company research
Qantas was founded in 1920 and has grown to become Australia’s largest domestic and international airline. Whilst the key business remains the transport of airline passengers, the group has grown to include a number of complementary segments: Qantas Domestic, Qantas International, Qantas Freight, Jetstar and Qantas Loyalty (Frequent Flyer) A comprehensive report from FIIG's in-house research teamA comprehensive report from FIIG's in-house research team