Market Check: What’s happening with the travel stocks?

How does a look at the stock market sound? Daunting? Thrilling? A baffling mess of numbers that scares you endlessly?

It’s something we completely understand and relate to at Travel Weekly, but the big players are always financially on the move and wrapping your head around what’s going on here can’t be a bad thing, right? So we’re taking a look at the numbers in our nomadic nest egg of stocks to see how the big players are performing.

And, with many of our readers and your travel industry counterparts working in these publicly listed companies, it’s important to remember that staff members often receive part of their remuneration in stock options.

In our table and analysis below, we have compared each company’s stock price from this morning to last Friday.

Qantas has remained relatively steady this week after a bumpy few months for the airline that saw the stock price drop from its peak of $6.79, around when former CEO Alan Joyce offloaded the vast majority of his shares, to below $4.74 just last month.

Flight Centre is on the rise while Helloworld and Corporate Travel Management haven’t moved much in the past week. All three agencies have dropped approximately 6-7 per cent in the past six months but have skyrocketed since the beginning of the year, with Helloworld posting an 84 per cent improvement since January.

Star Entertainment Group’s legal woes seem unshakable as the company reported the biggest loss in this group. Star’s stock is currently sitting at less than a third of what the price was at the start of the year.

Over in the US, Boeing has shot up the most of the group while the major cruise lines – NCL, Carnival and Royal Caribbean – have all remained consistent as the cruise industry soars back after the pandemic.

If you’d like to see other companies on this list or have a stock tip for us, please shoot an email to the address at the bottom of this article.