QF shares hit $2.00, discuss

[The The]

Macquaire says this:

For those that are still listening, Macquarie’s move to downgrade its rating on Qantas to neutral from outperform could also be exerting fresh pressure on the shares.

“With the share price at a record low we see significant value in Qantas’ underlying business, however with arguably greater earnings risks to the downside remaining we do not expect any near-term rebound,” the broker says

Qantas does this:

One of Macquarie Group’s top banking executives in the US was offloaded from a Qantas plane in Los Angeles for alleged disruptive behaviour after refusing to turn off his mobile phone.



Read more: 'Disruptive behaviour' - Qantas offloads Macquarie exec