Australian Airline Qantas will cut up to 1,750 jobs and ground 10 aircraft in an attempt to stay afloat in their worst aviation downturn in years. They will also defer delivery of super-jumbo A380s and other aircraft and have decreased their profit forecast by 80 percent. The airline said Australian domestic routes would be the most heavily affected by the capacity cuts, along with routes to the US, UK and South Africa. Sydney Morning Herald
Posted by Jillian Hudson on 14 April 2009 at 11:05 |
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This work by genevalunch.com is licensed under a Creative Commons Attribution-NonCommercial-NoDerivs 3.0 Unported.
News story, GenevaLunch, 14 April 2009.
Filed under: World news
Tags: airline, Australian, aviation, economic downturn, job cuts, lay-offs, profit forecasts, Qantas, Sydney
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