Moody’s lowers Qantas rating, outlook stable

Qantas A380. By Rob Finlayson Moody's Investors Service lowered the long-term senior unsecured rating of Qantas Airways (QF) to Baa3 from Baa2 on Tuesday. While the rating agency also lowered the short-term rating to P-3, from P-2, it said the airline’s outlook is stable and has not lost its investment grade rating. QF is one of only three airlines to have an investment grade rating. Moody's VP and senior credit officer Ian Lewis said in a statement that "the ...