Chairman of Qantas Airways, Leigh Clifford, has told the airline’s annual general meeting in Adelaide that he can’t say when dividends will return because the airlines has US$17 billion of aircraft on order and a credit rating to safeguard. Any future dividend payments, he said, would be a judgment call, considered against the airline’s capital needs. Clifford denied the airline had a cash flow problem. Credit rating is “very, very important” he said, when an airline has a US$17 billion acquisition program. “So we have got to be very conscious of our credit rating because a number of those planes,

This content is restricted to site members.

If you are an existing user, please login below.
New users may register below.

Existing Users Log In