Outlook for Qantas, Virgin Australia

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Dec. 5 (Bloomberg) -- Evan Lucas, a Melbourne-based markets strategist at IG Ltd., talks about the business outlook for Qantas Airways Ltd. and Virgin Australia Holdings Ltd. Qantas, Australia's largest carrier, flagged a record A$300 million ($271 million) first-half loss and 1,000 job cuts, sending its shares down the most in 18 months. Lucas speaks with John Dawson on Bloomberg Television's "On the Move." (Source: Bloomberg)

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