Market Check: Boeing finally catches a tailwind following shocker start to the year

Is money and travel all you think about? Do you lay awake at night pondering the squiggly lines that jag, jump and jolt all over stock market?

Now, have you been beaming with anticipation for your weekly travel stocks update? Then we’ve got the stuff that’ll stop the bugs crawling with a round up of the big players in the travel industry.

The below numbers and analysis are taken from this morning’s price for each stock and compared to last Friday morning’s price.

We’re kicking off this analysis once again with the hot gossip of the Aussie travel industry, Qantas. The big red carrier saw a respectable jump of nearly one per cent, following a brilliant rise of nearly seven per cent the week before. Qantas was well represented in the news this week after it snagged itself a new head of corporate affairs, announced a massive international sale and called in another consultancy firm to get itself sorted.

Rex wasn’t quite as lucky as the big guy, seeing a 1.1 per cent loss this past week. Though this is but a hitch in the wagon for the regional carrier as it’s seen a jump of over five per cent over the past month.

The major agencies each saw change within one per cent, except for Corporate Travel Management which fell nearly three per cent.

Overseas there was much more movement on the stock market. The seemingly ever troubled Boeing finally caught a tailwind this past week after the beleaguered manufacturer’s plane door fell off an Alaska Airlines MAX 9 jet mid-flight at the start of the year. Boeing’s CEO owned up to the accident this past week, hat metaphorically in hand while admitting that the company has a challenging time ahead of itself.

But while Boeing rose, American Airlines plummeted, posting a staggering 7.84 per cent drop over the past week. However, the fall is a not peculiar for the carrier as it’s jagged and jolted up and down in price over the past month.

The cruise lines, as you could expect, had a pretty cruisey week. Carnival jumped by 1.52 per cent, while Royal Caribbean and Norwegian Cruise Lines fell by about half a per cent. Meanwhile, Hilton, on its seemingly never ending trajectory upwards, jumped up one per cent.