Editorial Comment

Qantas share price tumbles on profit warning; IATA October traffic figures

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Qantas share price tumbles on profit warning; IATA October traffic figures

Qantas has disclosed in a statement that it expects to post a loss of up to A$300 million ($271 million for the three months to December 2013. Unexpectedly shares in Qantas dropped by 15% on the news, which was accompanied with an announcement for 1,000 job cuts. Qantas blamed a "marked deterioratio...

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