Profits A'Plenty for Australian Airlines
Photo Credit: Qantas
Skift Take
It's a bit of a profit party in Australia right now, but the good times haven't extended across the Tasman Sea, as Air New Zealand continues to struggle.
In part one, Gordon and Jay discuss robust financials from the Qantas Group and Virgin Australia, and explore why Air New Zealand continues to struggle. In part two, the conversation turns to China and the headwinds dragging on profitability for the country's three largest airlines.
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Background Reading:
- Qantas Commits to More Ultra-Long-Haul Flying in 2026
- Air New Zealand Facing ‘Unprecedented Competition’ From U.S. Rivals
- Engine Shortage Forces Air New Zealand to Scrap Seoul Route, Again
- Tourism Australia’s 2030 Goal: $230 Billion – Skift Travel Podcast
Airlines Sector Stock Index Performance Year-to-Date
What am I looking at? The performance of cruise and tours sector stocks within the ST200. The index includes companies publicly traded across global markets including network carriers, low-cost carriers, and other related companies.
The Skift Travel 200 (ST200) combines the financial performance of nearly 200 travel companies worth more than a trillion dollars into a single number. See more airlines sector financial performance.