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Qantas tops France-KLM in credit-default risk

Credit-default swaps have risen on doubts over carrier's plans to stem losses

[SYDNEY] Doubts over Qantas Airways's plan to stem losses pushed bond risk for Australia's biggest carrier above that of Air France-KLM Group, which is attempting a turnaround from near bankruptcy. Credit-default swaps protecting against non-payment of Qantas's debt have risen by as much as 48

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