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29 Mar 2024 6:20
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  •   Home > News > Business

    Qantas is cutting thousands of jobs to survive the pandemic

    Qantas is cutting thousands of jobs to survive the pandemic



    The Australian airline says it will axe at least six-thousand jobs, and stand down 15-thousand employees.

    At least 100 aircraft will be grounded for up to 12 months -- and it will reduce 15-billion in costs over the next three years.

    CEO Alan Joyce says they are in the middle of the biggest crisis the aviation industry has faced.

    He says IATA --the peak body for airlines -- is projecting it will more than take three years for global travel to return to 2019 levels.

    © 2024 Newstalk ZB, NZCity

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    Another pay offer is on the table for Police - after union members labelled the last one insulting More...



     Today's News

    Business:
    Another pay offer is on the table for Police - after union members labelled the last one insulting 5:17

    Law and Order:
    A person's dead and another in hospital after a violent incident at a sushi shop in Auckland's Browns Bay 5:07

    Entertainment:
    Lily Allen was introduced to Mila Kunis and Ashton Kutcher as Rita Ora - and was too mortified to disclose who she really was 21:53

    Entertainment:
    Mel B's fiance visited her father's grave to "ask permission" to propose to her 21:23

    Accident and Emergency:
    State Highway 6 is blocked by a serious crash, South of Lake Paringa in the South Island's Tasman region 21:17

    Accident and Emergency:
    State Highway One is has now reopened between Kaikoura and Riverlands - after a two-vehicle collision at Kekerengu, north of Kaikoura, this morning 21:17

    International:
    Shopper swallowed as shopping mall floor collapses in eastern China 21:07

    Entertainment:
    Kris Jenner won't spend quality one-on-one time with her grandchildren because it would cost her too much time and money 20:53

    Entertainment:
    Halle Berry's perimenopause symptoms were mistaken for herpes 20:23

    Entertainment:
    Keke Palmer wants 10 kids 19:53


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