Råkade på följande artikel på LinkedIn precis. Visste faktiskt inte att Qantas hade såna kärva problem. Qantas will be saved by the government?but it might not be Australia?s ? Quartz! Den inleds såhär; Not that long ago, Qantas was considered the world’s most-profitable airline. Now the 93-year-old Australian carrier, famed for its unblemished safety record, is struggling to stay in the air without help from its government. The “flying kangaroo,” as it’s known in Australia, lost its coveted investment-grade credit rating on Friday, December 6, after warning that it would lose up to $300 million for the half-year ending Dec. 31. It’s been forced to slash 1,000 jobs, and is expected to scale back unprofitable routes and cut spending on everything from IT to new aircrafts. The rise and decline of Qantas reflects the shifting dynamics of the global aviation industry. After going public in 1993, the carrier for years reaped the benefits of its domestic monopoly and intense customer loyalty among Australians flying overseas, as reflected in its highly profitable frequent flyer business.