Wednesday, February 26, 2014

Asian Market Update: Qantas shares shaken by H1 turbulence

Shares of Qantas are down sharply, falling nearly 9% after posting disappointing results. As expected, Australia's top airline announced 5K in job cuts and paid no dividend, as it tumbled to a loss of A$252M from a similar profit last year. Load factor was down 1.5pts, CAPEX for the next



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