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Published on 6/5/2012 in the Prospect News Investment Grade Daily.

Moody's: Qantas is consistent

Moody's Investors Service said that Qantas Airways Ltd.'s announcement in which it provided an update of its expectations for the full year 2012 profit is consistent with its ratings.

"Today's announcement is broadly in line with Moody's previous expectations at the time the rating was downgraded by one notch to Baa3 early this year," Moody's vice president and senior credit officer Ian Lewis said in a news release.


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