Financial Times FT.com

Qantas shares placed in trading halt

By Peter Smith

Published: February 3 2009 00:53 | Last updated: February 3 2009 00:53

Qantas, the Australian airline, has had its shares placed in a trading hold ahead of a “material announcement in relation to capital management initiatives”.

The company refused to elaborate although the airline’s board is understood to be meeting later on Tuesday to consider new capital management plans.

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