Qantas Airways defiant despite credit rating downgrade

Qantas Airways’ credit rating has been downgraded, but the Australian company says it remains in a strong funding position.

Qantas Airways defiant despite credit rating downgrade
Wed, 01 Feb, 2012 - 08:33

Qantas Airways’ credit rating has been downgraded, but the Australian company says it remains in a strong funding position.

Moody’s Investors Service downgraded Qantas’ rating from Baa2 to Baa3 – the lowest investment grade rating.

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