Qantas Group CEO Alan Joyce has announced that 5,000 jobs full-time equivalent job positions will be cut from the company by FY17 as part of a restructure of the airline designed to save up to $2 billion over three years. Joyce told a media conference on Thursday morning that the job cuts would be drawn
Qantas has recorded an underlying loss before tax of $252 million and a statutory loss after tax of $235 million for the six months to December 31, a figure in line with recent guidance provided by the airline. The loss comes on the back of $7.9 billion in revenue, a drop of four per cent
The Virgin Independent Pilots Association (VIPA) has echoed comments by airline CEO John Borghetti last week criticising a government proposal to offer a debt guarantee to Qantas. In a February 26 statement, VIPA questioned Qantas’s “ongoing capacity dumping” in order to maintain its 65 per cent ‘line in the sane’ market share, saying Qantas “added
The rumours and speculation are reaching fever pitch ahead of tomorrow’s Qantas half-yearly results announcement where the embattled airline group is planning to reveal how it will strip $2 billion in costs out of its business over the next three years and raise cash through asset sales. Job cuts in the range of 3,000 to
Qantas has operated its last 737-400 revenue flight, marking the end of scheduled Boeing 737-300/-400 ‘classic’ passenger services in Australia. Qantas 737-476 VH-TJS Jabiru operated the final service, QF819 from Canberra to Melbourne, on Sunday afternoon, the 48 minute flight departing at 17:23 and touching down 48 minutes later at 18:11. An Airservices ARFF monitor
Qantas will end its codeshare agreement with South African Airways on May 31 covering services between Perth-Johannesburg and Sydney-Johannesburg. Qantas will retain its daily Sydney-Johannesburg service, but through its codeshare agreement with Emirates, the Australian airline will now direct its Perth passengers wanting to travel to South Africa onto Emirates services via Dubai. South African,