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Moody’s downgrades Qantas to junk
PUBLISHED: 09 Jan 2014 10:10:00 | UPDATED: 10 Jan 2014 05:09:22PUBLISHED: 09 Jan 2014 PRINT EDITION: 09 Jan 2014Updated | Qantas Airways has lost its investment grade credit rating from Moody’s, the second ratings agency to consider its debt as “junk”, as a result of heightened competition from Virgin Australia.
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Companies | Qantas Airways, Virgin Aus Hldg Ltd |
People | Gareth Evans, Andrew Robb |
Topics | Transport /Aviation , Transport, Consumer Goods & Services /Tourism & Travel |
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