QAN, FLT, AQZ, HLO: ASX travel stocks on investors’ radar

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QAN, FLT, AQZ, HLO: ASX travel stocks on investors’ radar

 QAN, FLT, AQZ, HLO: ASX travel stocks on investors’ radar
Image source: Image source: © Viyadadreamstime13 | Megapixl.com

Highlights: 

  • Shares of S&P/ASX200 Consumer Discretionary sector recovered by almost 0.5% on the ASX today as of 3:59 PM AEST. 
  • The risk of COVID-19 infection has been reduced globally now, which is a good news for travel industry.
  • However, inflation worries still weighing on the travel industry.

Although the S&P/ASX200 Consumer Discretionary sector (ASX:XDJ) was spotted trading in the green territory today, the performance of the sector has been significantly poor in last one year. The poor performance was inevitable due to several factors, primarily due to the COVID-19 lockdowns, the Russia-Ukraine war, inflation, and economic depression.  

In this article, we are talking about four ASX-listed travel stocks- Qantas, Flight Centre, Alliance Aviation, and Helloworld, and have analysed their performance on the ASX.  

Tourism industry has suffered the most in past couple of years due to COVID-19 breakout across the world. However, now that the borders have been opened, the industry is slowly reviving. Nonetheless, these companies are currently struggling against the inflation at this moment.   

Meanwhile, the S&P/ASX200 Consumer Discretionary sector ended today’s session 0.401% higher at 2,752.00 on the ASX today (5 July). 

 

Qantas Airways Limited (ASX:QAN)

Shares of ASX-listed aviation company, Qantas Airways Limited (ASX:QAN), closed 0.443% lower at AU$4.490 per share on the ASX today (5 July). 

The stock shed off 8.55% in last one year on the ASX. Qantas’ year-to-date share price followed a similar pattern and fell by 12.82% (as of 4:10 PM AEST on the ASX today, 5 July).

Flight Centre Travel Group Limited (ASX:FLT) 

Shares of another significant ASX travel company, Flight Centre Travel Group Limited (ASX:FLT), were spotted trading in red today. Flight Centre lost 0.341% to close at AU$17.530 per share on the ASX today (5 July). 

Although FLT performed well in past one year and the price got appreciated by 10.39% on the ASX. Flight Centre’s share price fell by almost 6% on a year-to-date basis (as of 4:10 PM AEST on the ASX today, 5 July). 

Image source: © Sergeychernov | Megapixl.com

Alliance Aviation Services Limited (ASX:AQZ) 

Another noteworthy ASX-listed travel company is Alliance Aviation Services Limited (ASX:AQZ), which was spotted trading in the green zone today afternoon. However, the stock closed 0.558% lower at AU$3.560 per share on the ASX today (5 July).  

The share price of Alliance Aviation has fallen almost by 19% on the ASX over past 12 months. Alliance Aviation’s year-to-date share price also fell over 13% (as of 4:10 PM AEST on the ASX today, 5 July). 

Helloworld Travel Limited (ASX:HLO) 

Shares of leading travel company, Helloworld Travel Limited (ASX:HLO), closed 1.807% higher at AU$1.690 per share on the ASX today (5 July). 

The share price of Helloworld Travel Limited has fallen over 4% on the ASX during last year. On the other hand, Helloworld’s year-to-date share price also lost over 33% (as of 4:10 PM AEST on the ASX today, 5 July). 

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