Qantas CEO Alan Joyce said the airline does not expect to try to obtain new capital beyond the A$500 million ($389.6 million) raised through a February share placement (ATWOnline, Feb. 5). "We have built up our cash balances and our plans going forward have deferred capital expenditure," he said in comments cited by Reuters. "We have used those other mechanisms to make sure that Qantas has sufficient balance-sheet strength to get through our view of the current environment." QF last month ...

Subscribe to Access this Entire Article

"Printer-friendly" is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions? ATWPlus@penton.com.

Already registered? here.