29-Jun-2009 11:45 AM

Qantas' shares stronger after B787 cancellation, Cathay Pacific up, Japan Airlines stable

Analysis

Shares in Qantas advanced 1.8% on Friday (26-Jun-09), as investors welcomed the airline's plans to cancel 15 B787s deliveries and defer a further 15 of the aircraft type. The move was described by Qantas CEO, Alan Joyce, as "appropriate in the current climate".

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Qantas' shares stronger after B787 cancellation, Cathay Pacific up, Japan Airlines stable

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