ASX Small Cap Lunch Wrap: Who’s making a long journey this morning?

Despite the impact COVID-19 has had on aviation, particularly in Australia, the latest milestone arguably wouldn’t have happened without the pandemic.

Qantas has run dozens of repatriation flights — many to destinations it wouldn’t ordinarily operate to, including India and Turkey — but the latest route takes the cake.

A Qantas 787 is currently half way into an 18 hour journey from Buenos Aires to Darwin, a 14,683 kilometre journey. It was a fairly controversial flight, and many passengers elsewhere in South America struggled to make it.

But it has taken off and it is the longest ever commercial passenger flight operated by the flying kangaroo.

While it is an 18 hour journey, the plane is flying 74 degrees south meaning passengers should get a view of Antarctica.

If you’re not following along for #QF14 from Buenos Aires to Darwin you’re missing what will probably be the longest Qantas commercial flight ever flown. It’s great circle distance is 100nm farther than Perth to London. 787-9 over Antartica now. https://t.co/f8nQ42IcWH

— Jon Ostrower (@jonostrower) October 5, 2021

On markets, the ASX isn’t exactly flying today but is slightly higher than yesterday, trading 0.23% higher as at 11.45am (AEST).

That followed a rebound on Wall Street overnight as big tech stocks bounced back.

ASX SMALL CAP WINNERS

Here are the best performing ASX small cap stocks for October 6 [intraday]:

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Aspiring gold producer Kingwest (ASX:KWR) unveiled a joint venture, which will see underground mining resume at its Menzies gold prospect.

Hydrogen aspirant Global Energy Ventures (ASX:GEV) told shareholders that the American Bureau of Shipping (ABS) issued its Approval In Principle for GEV’s pilot-scale compressed hydrogen ship.

Great Western Exploration (ASX:GTE) rose after telling shareholders it had identified four high priority drill targets at its Yandal West project.

ASX SMALL CAP LOSERS

Here are the worst performing ASX small cap stocks for October 6 [intraday]:

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Australian Gold & Copper (ASX:AGC) fell after its latest exploration update.