Qantas (ASX:QAN) share price falls while international 'Points Planes' considered

Qantas might reserve some of its planned international flights for travellers paying in frequent flyer points

| More on:

You’re reading a free article with opinions that may differ from The Motley Fool’s Premium Investing Services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Learn More

The Qantas Airways Limited (ASX: QAN) share price is suffering today.

However, that might soon turn around as the airline gets closer to its expected international take-off date.

Qantas is now taking bookings for Australians to fly to Singapore, Japan, and the US from 17 December. It's also offering Australians the chance to book flights to Fiji from 1 December.

Additionally, the Motley Fool understands Qantas is considering bringing back its Points Planes offering, which saw it operating flights exclusively for travellers paying in frequent flyer points.

Qantas also announced new inflight entertainment for those travelling on its regional routes.

Right now, the Qantas share price is $5.21, 0.76% lower than its previous close.

Let's take a closer look at what we've heard from Qantas today.

A little boy opens his mouth wide, excited about taking a plane trip.

Image source: Getty Images

Qantas may initiate international Points Planes

The Qantas share price is slipping as the airline quietly makes plans to encourage wanderlusting Australians back onto international tarmac.

Qantas has confirmed with the Motley Fool Australia that it will consider offering Points Planes destined for several international destinations once Australia's borders reopen.

The last time Qantas offered Points Planes to its loyalty members was when the trans-Tasman bubble between Australia and New Zealand first opened. Then, Qantas offered 3 days of Points Planes. However, travellers were also able to pay cash for the seats.

The airline has also confirmed it will be increasing the number of classic flight reward seats on its international flights by 50%. That means more chances to get back overseas for those who've racked up their points during the pandemic.

In Qantas' financial year 2021 report, it noted it onboarded nearly 200,000 more frequent flyers in FY21.

New inflight entertainment

Also not visibly helping the Qantas share price today is news the airline is upgrading the inflight entertainment system on its regional flights.

Travellers flying on QantasLink services will soon have access to 2,500 hours of movies and series, as well as the ability to stream content from Stan while in the air.

Qantas share price snapshot

The Qantas share price has been performing brilliantly lately. Over the last 2 weeks it has gained around 20%.

That brings its year-to-date gains to 6%. It is also now 32% higher than it was this time last year.

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.

More on Travel Shares

Man sitting in a plane looking through a window and working on a laptop.
Mergers & Acquisitions

Flight Centre shares lift amid latest UK acquisition news

Flight Centre announced a new UK-based acquisition today.

Read more »

Couple at an airport waiting for their flight.
Travel Shares

Is the Qantas share price dirt cheap after falling 30%?

Let's see whether the market is overreacting to short-term headwinds.

Read more »

Smiling woman looking through a plane window.
Travel Shares

How high does Macquarie think Qantas shares will go?

The company is well-placed to weather tough times, analysts say.

Read more »

A plane flies into storm clouds.
Travel Shares

What's next for Virgin Australia, Qantas shares as fuel prices surge?

Aussie airlines are already feeling the pinch.

Read more »

A person holding a suitcase waves goodbye as the sun sets outside the airport terminal.
Travel Shares

ASX travel shares are hovering near yearly lows – time to buy?

These 3 ASX travel shares could be undervalued right now.

Read more »

Woman on a tablet waiting in for her flight in an airport and looking through a window.
Travel Shares

Virgin Australia shares slide again as global turmoil rattles key partnership

Virgin Australia shares drop as the Middle East war hits international flights.

Read more »

A woman wearing a mask at the airport gets ready to travel again with Qantas.
Travel Shares

Qantas shares flying through $105 million legal turbulence

Qantas is still working to absolve itself of COVID-related operating issues.

Read more »

Australian dollar notes in the pocket of a man's jeans, symbolising dividends.
Dividend Investing

How many Qantas shares do I need to buy for a $10,000 annual passive income?

Qantas shares resumed their passive income payouts in 2025.

Read more »