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Qantas presents its drastic restructuring plan: 5000 layoffs and less aircraft

Sydney, Australia - "We will cut where we can in order to invest where we must", Chief Executive Alan Joyce explained

"We will cut where we can in order to invest where we must". With these words Qantas Chief Executive Officer Alan Joyce illustrated the massive restructuring plan of the main Australian carrier. The company today, Thursday 27 February 2014, announced its results for the first half of the fiscal year, which ended in December 2013, and was characterized by a pre-tax loss of 252 million Australian dollars...

AVIONEWS - World Aeronautical Press Agency - 1158672

AVIONEWS - World Aeronautical Press Agency
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