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Qantas in difficulties

Sydney, Australia - Australian airline announces likely cuts

Today Australian Qantas Airways Ltd. reported a 9,6% drop in half-year earnings and warned that it may have to cut jobs as it battles soaring fuel prices. The national carrier said net profit fell to 352,5m Australian dollars (EUR 218,75m) during the six month through December 2005 from AD 380,2m during the same period a year before. Qantas said it had made significant changes to improve the company’s e...

AVIONEWS - World Aeronautical Press Agency - 136123

AVIONEWS - World Aeronautical Press Agency
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