Australian Government Would Not Let Qantas Go Bust

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Jan. 9 (Bloomberg) -- Tony Webber, a professor at the University of Sydney Business School and former chief economist at Qantas Airways Ltd., talks about the business outlook for the airline. Qantas, Australia’s largest carrier, had its debt rating cut to junk by Moody’s Investors Service after flagging a record-first half loss and 1,000 job cuts amid increased competition on domestic routes. Webber speaks with Rishaad Salamat on Bloomberg Television's "On the Move." (Source: Bloomberg)

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