Qantas plans to cut at least 6,000 jobs and keep 15,000 more workers on extended furloughs as Australia's largest airline tries to survive the coronavirus pandemic.
Qantas Chief Executive Alan Joyce speaks during a press conference in Sydney, Thursday, June 25, 2020. Qantas, Australia's largest airline, says it plans to cut at least 6,000 jobs and keep 15,000 more workers on extended furloughs as it tries to survive the coronavirus pandemic. Joyce announced a plan to reduce costs by billions of dollars and raise fresh capital. The plan includes grounding 100 planes for a year or more and immediately retiring its six remaining Boeing 747 planes.
Qantas announced a plan Thursday to reduce costs by billions of dollars and raise fresh capital. The plan includes grounding 100 planes for a year or more and immediately retiring its six remaining Boeing 747 planes. “This crisis has still hit us very, very hard and the impact will be felt for a long time,” Joyce said.
He said the airline planned to be back to 40% of its pre-crisis domestic flying by July, but that international routes would take much longer to return.
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