Nov 16 (Reuters) -
* S&P- Qantas Airways Ltd upgraded to 'BBB-/A-3' on more prudent financial
framework; outlook stable
* S&P-expect Qantas to comfortably exceed FFO-to-debt of 45 percent over the
next 2 years
* S&P on Qantas' financial framework- "we view this framework to be materially
more prudent and creditor-friendly than previously announced policies"
* Source (http://bit.ly/1Myq9M4)
* Further company coverage QAN.AX