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Moody's says Qantas credit rating can survive fuel price rise

2016-03-10 09:05:02| Airlines - Topix.net

Qantas Airways has a strong enough balance sheet to withstand a more than doubling in the price of jet fuel without losing its investment-grade credit rating , says Moody's. In addition to its hedged position this financial year, the airline has already hedged 77 per cent of its fuel requirement for the 2016-17 financial year.

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