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World Coronavirus Dispatch: Qantas not only survives virus, but flies high

JP Morgan warns it may need staff to get vaccinated, over 2 million adults in England have had long Covid, and other pandemic-related news across the globe

Qantas
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Photo: Shutterstock

Akash Podishetty Hyderabad
One airline is set to emerge stronger than ever from Covid

While other airlines were pounded by the pandemic, Qantas not just survived the biggest crisis in aviation history, but became almost unassailable in its home market Australia. While losses at airlines globally from coronavirus are set to surpass $174 billion by the end of 2021--wiping out half a decade of profits--Qantas has become one of the most financially secure carriers anywhere in the world. Its stock has surged 120 per cent from a March 2020 low--almost double the return of the Bloomberg World Airlines Index--and its market value has swollen

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