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Qantas Airways: Financial Modelling and Dividend Policy
Angelo AsprisCase IVEY-9B18N021-EFinance, StrategyIn 2014, Australia’s national airline Qantas Airways Limited (Qantas) faced one of the most difficult years in its history. Following a loss of AU$2.8 billion, the airline’s chief executive officer asserted that government intervention was necessary. He wanted the government to publicly guarantee the airline’s debt, which would secure its credit rating and provide relief in challenging circumstances. His efforts were unsuccessful. Qantas instead ...Starting at €8.20