Moody's cuts Qantas credit rating to 'below investment'

Moody's has become the second ratings agency to downgrade the credit rating of Qantas to below investment grade. Last month, Qantas issued a profit warning and announced 1,000 jobs cuts amid strong competition in domestic and international markets. via Pocket http://www.bbc.co.uk/news/business-25663541#sa-ns_mchannel=rss&ns_source=PublicRSS20-sa