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S&P downgrades Qantas
07 September 2012
The rating downgrade comes just one day after Qantas announces new Emirates alliance.
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Standard and Poor’s (S&P) rating agency has today announced that it has lowered its corporate credit rating for Qantas Airways from BBB/A-2 to one grade lower at BBB-/A-3.
The rating agency has also lowered its rating of Qantas’ senior unsecured debt to BBB- from BBB.
Although the...
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