Markets: Flying in and out of favour

The falling dollar, rising oil prices and a declines in the lucrative fly-in, fly-out mining market are all factors buffeting airline stocks.

Can Qantas Airways chief executive Alan Joyce afford a smile at the expense of his one-time colleague John Borghetti after Virgin Australia said yesterday it would make a loss of as much as $110 million in its 2013 financial year?


SMS Code Sent…

Hi {{ user.FirstName }}

Looks like you've already taken a free trial

Please enter your payment details

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to activate your membership

If you didn't receive SMS code please

Looks you are already a member. Please enter your password to proceed

Please untick this box when using a public or shared device

Verify your mobile number to unlock a FREE trial

Please sign up for full access

Updating information

Please wait ...

  • Mastercard
  • Visa

Related Articles