News
Qantas declares the worst is over
www.theaustralian.com.au
[The Australian] - CBA equities analyst Matt Crowe welcomed the commitment to pay down debt. "In terms of the operating outlook, the yields look as though they're going to come a bit under pressure," he said. "So it's mixed. I think there's a bit of a relief that the
Qantas wins major corporate accounts from Virgin
www.businessspectator.com.au
[Business Spectator] - However, Commonwealth Bank of Australia Ltd analyst Matt Crowe told the AFR the discounted win would hurt Qantas, too. “A market share battle like that is really bad news for Qantas – it's bad for both of them, but particularly bad for whoever has the
Brambles boldly takes bull by the horns
www.theage.com.au
[The Age] - ''The biggest issue was the guidance,'' CBA Equities analyst Matt Crowe said. ''The weak economies mean they are more reliant on new markets for growth, and growth in the new markets comes at a higher cost because they haven't competed there before.''
Qantas shares touched a record low of $1.10 in intraday trade ...
www.heraldsun.com.au
[Herald Sun] - "If fixed, Qantas International presents significant upside, however fixing it appears challenging," Commonwealth Bank analyst Matt Crowe said. "Qantas International is an important input into more profitable segments like Qantas Domestic.
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