The Telegraph – Speaking on the sidelines of the International Air Transport Association’s annual general meeting in Beijing on Monday, Alan Joyce said: “It was a surprise because we didn’t expect certainly hedge funds to come in and to play heavy volumes on the stock at the end of the week but that has happened.”
Shares in Qantas dipped below A$1 for the first time last week after credit ratings agency Standard & Poor’s placed the airline on watch for a downgrade.
