The Qantas share price is in the air today amid the airline’s apparent bet the Victorian border will open to New South Wales as planned.
The post Qantas (ASX:QAN) share price gains amid $20 flights resting on domestic reopening appeared first on The Motley Fool Australia. –
The Qantas Airways Limited (ASX: QAN) share price is in the green today amid the launch of an ultra-cheap sale ahead of the planned easing of Victoria’s border restrictions.
The 24-hour ‘flash sale’ could see residents of Victoria and New South Wales flying between the 2 states for as little as $20.
The cheap tickets are for flights taking off after 5 November, in line with the Victorian Government’s roadmap out of COVID-19.
Right now, the Qantas share price is $5.44, 1.12% higher than its previous close.
Let’s take a closer look at Qantas’ latest sale.
Qantas share price up amid anticipation of domestic reopening
The Qantas share price is soaring today. At the same time, the airline is offering cheap flights for locked down Aussies.
Jetstar’s 24-hour ‘flash sale’ began at 5 pm last night. It was announced by Qantas just 1 hour before it began.
As part of the flash sale, some Jetstar flights have been reduced to as little as $20 per ticket. Jetstar’s sale covers flights between Melbourne or Avalon and Sydney, Newcastle, or Byron Bay.
Those who get in before 5 pm tonight have a chance of scoring the ultra-cheap Jetstar tickets.
Most of the cheap tickets on offer are for flights taking off between 5 November and mid-December. Those dates coincide with the Victorian Government’s plan to ease border restrictions for fully vaccinated people.
All eyes will be on the Qantas share price if borders between Australia’s 2 most populous states reopen as planned. Though, it seems the company’s carriers are confident that travel between the states is a little more than 6 weeks away.
All-inclusive Qantas flights between the 2 states are also being offered from as little as $99 each way as part of the airline’s 5-day sale.
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Motley Fool contributor Brooke Cooper has no position in any of the stocks mentioned.
The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.