25-Jan-2011 12:05 PM
Qantas-Virgin Blue in for 'tough fight': Moody's
Analysis
Rating agency Moody's Investors Service stated Air New Zealand's move to buy into Virgin Blue "increases competition for Qantas, as it brings Virgin Blue's range of offerings closer to that of Qantas for international travel and will require Qantas to reduce prices to keep load factors at acceptable levels".
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