Qantas Debt Cut to Junk by Moody’s

Qantas Debt Cut to Junk by Moody’s Play

Jan. 9 (Bloomberg) -- Qantas Airways, Australia’s largest carrier, had its debt rating cut to junk by Moody’s Investors Service due to a deterioration in its domestic business amid competition from Virgin Australia Holdings. Paul Allen reports on Bloomberg Television's "First Up." (Source: Bloomberg)

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