Qantas H1 Profit Halves, Flags 500 Job Cuts

Qantas H1 Profit Halves, Flags 500 Job Cuts - Sky Today

  Australian airline Qantas plans to cut 500 jobs and reduce capital spending by AUD$700 million (USD$749 million) over two years after a bitter industrial dispute and high fuel bills halved its first-half fiscal profit. Chief executive Alan Joyce said the 13 percent cut in capital expenditure would come from early retirement of aircraft, withdrawal […]



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