Free press releases distribution network?

More news: Transportation
Agency / Source: Qantas Airways Limited

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!



Qantas Statement on Credit Rating - Qantas said today it maintained a strong and stable investment grade rating
Qantas Statement on Credit Rating

 

PRZOOM - /newswire/ - Sydney, Australia, 2009/02/20 - Qantas said today it maintained a strong and stable investment grade rating.

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Transportation Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Qantas Chief Executive Officer, Mr Alan Joyce, said Moody's confirmation that Qantas retained an investment grade credit rating with a stable outlook for the Qantas Group affirmed the strength of the business.

"The aviation sector is experiencing a high degree of volatility worldwide, and Qantas has had to confront that," Mr Joyce said.

"We are pleased that Moody's continues to recognise that the Qantas Group is differentiated in the aviation industry by its high degree of structural flexibility.

"Qantas is one of few airlines in the world with an investment grade credit rating and some of our competitors have fallen below this level because they have found it hard to reposition themselves in such a tough economic environment.

"The Qantas Group has both a diversity of revenue streams and a portfolio strategy based on two strong brands, Qantas Airlines and Jetstar, which provide us with considerable flexibility to respond under various market conditions.

"In the current environment we have increased our focus on earnings preservation and conservative cash management, while being careful to continue our strategy of restoring core brand strengths in quality product, operational performance and safety.

"As Moody's says, Qantas has taken a number of measures to mitigate commercial pressures, including capacity reductions, reallocation of routes between brands and the recent equity raising of $500 million.

"Moody's has recognised that the rating outlook for Qantas is stable given the actions taken by Qantas and it expects that the company's financial profile should remain manageable within the rating."

Issued by Qantas Corporate Communication (3888)

[Content made possible by PRZOOM indexing services]

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Transportation Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Agency / Source: Qantas Airways Limited

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick PRZOOM - Press & Newswire Visibility Checker

 

Distribution / Indexing: [+] / [Company listed above is a registered member of our network. Content made possible by PRZOOM / PRTODAY indexing services]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Transportation articles,
CATCH Visitors via Your Competitors Announcements!


Qantas Statement on Credit Rating

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name PRZOOM - Press & Newswire and LINK as the source.
 
  For more information, please visit:
Is this your article? Activate ALL web links by Upgrading to Press Release PREMIUM Plan Now!
|
Contact: Qantas Corporate Communication 
qantasmedia[.]qantas.com.au
 
PRZOOM / PRTODAY - Newswire Today disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Qantas Airways Limited securities in any jurisdiction including any other companies listed or named in this release.

Transportation via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!




Read Latest Press Releases From Qantas Airways Limited / Company Profile


Read Transportation Most Recent Related Press Releases:

Alstom Obtains EBA Certification for its Concrete Slab Track Solution for Main Lines
Transformational Shifts in Vehicle Automation and Digitalization to Shape the Future of the Rail Market Finds Frost & Sullivan
Transdev Awards New Flyer a Contract for up to 47 Xcelsior® Buses
MERMEC Joins Transpod, Inc. in Hyperloop System Development
Adelaide Airport Chooses SITA Smart Technology for the Future
Thales Enters into Exclusive Negotiations to Sell its Revenue Collection Solutions and Road Tolling and Car Park Management Systems Business
Alstom to Supply Traction and Train Control Monitoring Systems for the Phase 2 of Shanghai Metro Line 10
Philippines Gateway Airport Takes First Steps to 'Fast Travel' with SITA Tech
Alstom to Supply 22 Citadis Trams to The STIF for Line T9 in Ile-de-France
New Flyer’s 60-Foot Electric Bus will be the Industry-First to Test At Altoona

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
 
NewswireToday Celebrates 10 Years in Business
Find business coaching, life coaching, executive coaching and corporate coaching, best selling coaching books, ...



PREMIUM Members


Visit  JobsWare.com

Visit  BizJobs.com

Visit  NAKIVO, Inc.







 
  ©2016 PRZOOM — Limelon Advertising, Co.
Home | About PRZOOM | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR free press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneur newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today