The news that Qantas has been devalued by two rating agencies to “junk status” filled many of us with dismay. In 2020, Qantas should be celebrating its 100th anniversary. Only two airlines: KLM and Aviannca are older. Qantas has survived the Great Depression, World War Two, 1970s hyperinflation and oil crisis, the Asian Financial Crisis, the bombing of the World Trade Centre, SARS and the the global financial crisis. It has outlived other Aussie competitors: Ansett (1935 to 2002), Australian National Airways (1936 to 1957), Compass (1990 to 1993) and East-West (1947 to 1993). Today,…
Virgin Australia; Jetstar
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