Wednesday Mar 5
Australia rejected Qantas request for $2.7 B loan
Australia's government rejected a request from Qantas Airways for a $2.7 billion unsecured loan to help the national carrier return to profitability, deciding instead to abolish foreign ownership restrictions, the prime minister said Wednesday.
Trending on the Topix Network
Tue Mar 04, 2014
Australia to relax Qantas foreign ownership limits
The Australian government decided on Monday to relax foreign ownership restrictions on Qantas Airways after the national carrier posted a record half-year loss.
Mon Mar 03, 2014
The Washington Post
Qantas Won't Get Debt Guarantee From Australia, Abbott Says
Prime Minister Tony Abbott said he won't guarantee the debt of Qantas Airways Ltd. as Australia's biggest airline prepares to cut 5,000 jobs and trim A$2 billion in costs amid a battle for market share.
Sat Mar 01, 2014
Qantas Engineers Say No Strike Plan Amid Calls to Avoid Job Cuts
Engineers at Qantas Airways Ltd. will first consider options other than strikes in response to wage freezes the airline announced last week, their union said.
Thu Feb 27, 2014
Australian airline Qantas to slash jobs
The Australian airline Qantas says it will axe 5,000 full-time jobs as part of a restructuring in response to "tough" international competition.
Sydney Morning Herald
Qantas cuts drag down local shares
Local shares fell on news that Qantas Airways will slash 5000 jobs and halt spending, and fell further after official data showed new business investment is declining more than expected.
Asian Stocks Erase Drop as Chinese Shares Advance
Asian stocks erased declines, with the regional gauge set for its first monthly gain since October, as Chinese shares rose.
Wed Feb 26, 2014
Asia Markets: Asian shares mixed ahead of Yellen's testimony
Asian markets were mixed on Thursday, ahead of U.S. Federal Reserve Chairwoman Janet Yellen's testimony to the Senate, while shares in Qantas Airways plunged after the airline swung into a loss.
Qantas to Cut 5,000 Jobs Amid A$252 Million Loss on Virgin Fight
Qantas Airways Ltd. , Australia 's biggest airline, will cut 5,000 jobs and defer orders for new jets after posting a A$252 million loss as Chief Executive Officer Alan Joyce steps up the case for government assistance.
Tue Feb 25, 2014
Wall Street Journal
Qantas Under Pressure as Losses Mount
Alan Joyce took the helm of Qantas Airways Ltd. more than five years ago, tasked with fixing Australia's flag carrier, which was hemorrhaging money on its international routes.
Sun Feb 23, 2014
Qantas Airways Upgraded to "Hold" at CIMB
The firm currently has a $1.39 price target on the stock. Qantas Airways opened at 1.250 on Friday.
Fri Feb 14, 2014
Qantas Airways Stock Rating Upgraded by CIMB
The firm currently has a $1.39 price objective on the stock. Other equities research analysts have also recently issued reports about the stock.