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Aircraft and transport. Qantas CEO cuts his wage and announces 1000 layoffs

Mascot, Australia - "The challenges we now face are immense"

Qantas, Australia's largest carrier, announced an acceleration in its cost reduction plan and a structural review, "In response to fundamentally changed market conditions". The measures which will be implemented will also include the cut of at least 1000 jobs within the next 12 months. "We will do whatever we need to do to secure the Qantas Group’s future. The challenges we now face are immense –...

AVIONEWS - World Aeronautical Press Agency - 1156922

AVIONEWS - World Aeronautical Press Agency
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