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Moody's downgrades Qantas to 'junk' status

Last Updated: Thursday, January 09, 2014, 06:07

Moody`s cited "a sharp deterioration in the company`s core domestic business" following the airline issuing a shock profit warning and slashing jobs in December.

Qantas relegated to junk status after shock loss warning

Last Updated: Friday, December 06, 2013, 11:24

Embattled Qantas Airways Ltd was relegated to junk status by credit rating agency Standard & Poor's on Friday, a day after the Australian carrier issued a shock loss warning that sent its shares to a 16-month low.

Qantas to cut 1,000 jobs, says challenges `immense`

Last Updated: Thursday, December 05, 2013, 13:11

Australian carrier Qantas said it would axe 1,000 jobs and anticipates "immense" challenges ahead in a shock profit warning Thursday, flagging a half-year loss of up to Aus dollar 300 million (USD 271 million).

Qantas offers free flights to woo back customers

Last Updated: Sunday, November 06, 2011, 13:12

Passengers who were unable to fly last weekend are eligible for a free return economy flight within Australia or to New Zealand.

Qantas cancels Australian flights due to strike

Last Updated: Friday, September 30, 2011, 09:34

Qantas Airways said 8,500 domestic and international passengers will have their flights disrupted by strikes.

Qantas seeks conciliation talks with pilots

Last Updated: Wednesday, August 31, 2011, 18:42

Qantas Airways held conciliation talks with unions Wednesday at the airline's request as the Australian carrier attempts to avert strike action by its long-haul pilots.