Qantas cutting 6,000 jobs
More punishing cost-cutting measures are in the pipeline at Qantas.
The airline is cutting up to 6,000 staff and will ground 100 planes for up to a year in an effort to save about $10 billion over the next three years.
"We have to position ourselves for several years where revenues will be much lower. And that means becoming a smaller airline in the short-term," CEO Alan Joyce said.
About half of the workforce will remain on leave possibly until the end of the year.
Qantas’ remaining operational Boeing 747s will be retired with immediate effect.
"This year was supposed to be one of celebration for Qantas. It’s our centenary. Clearly, it is not turning out as planned."
Qantas has been slammed by the Australian Council of Trade Unions and called for the government to extennd the JobKeeper scheme to safeguard jobs.
Qantas has cancelled nearly all international services until at least October, although domestic schedules are gradually increasing.
Qantas said they should be at about 40% of normal levels by July.
TravelMole Editorial Team
Editor for TravelMole North America and Asia pacific regions. Ray is a highly experienced (15+ years) skilled journalist and editor predominantly in travel, hospitality and lifestyle working with a huge number of major market-leading brands. He has also cover in-depth news, interviews and features in general business, finance, tech and geopolitical issues for a select few major news outlets and publishers.
Vegas’s Billion-Dollar Secrets – What They Don’t Want Tourists to Know
Visit Florida’s New CEO Bryan Griffin Shares His Vision for State Tourism with Graham
Chicago’s Tourism Renaissance: Graham Interviews Kristin Reynolds of Choose Chicago
Graham Talks with Cassandra McCauley of MMGY NextFactor About the Latest Industry Research
Destination International’s Andreas Weissenborn: Research, Advocacy, and Destination Impact
Graham and Don Welsh Discuss the Success of Destinations International’s Annual Conference
Graham and CEO Andre Kiwitz on Ventura Travel’s UK Move and Recruitment for the Role
Brett Laiken and Graham Discuss Florida’s Tourism Momentum and Global Appeal
Graham and Elliot Ferguson on Positioning DC as a Cultural and Inclusive Global Destination
Graham Talks to Fraser Last About His England-to-Ireland Trek for Mental Health Awareness
Kathy Nelson Tells Graham About the Honour of Hosting the World Cup and Kansas City’s Future
Graham McKenzie on Sir Richie Richardson’s Dual Passion for Golf and His Homeland, Antigua
ADS PRO 
Qatar Airways offers flexible payment options for European travellers
Airlines suspend Madagascar services following unrest and army revolt
Digital Travel Reporter of the Mirror totally seduced by HotelPlanner AI Travel Agent
Phocuswright reveals the world's largest travel markets in volume in 2025
Strike action set to cause travel chaos at Brussels airports