1. home
  2. > covid-19
  3. > Qantas to cut at least 6,000 jobs, thousands on furlough
replay trump newslist
up NEXT IN 5 SECONDS sports newslist
tap to unmute
00:00/00:00
NaN/0

Qantas to cut at least 6,000 jobs, thousands on furlough

Jun 25, 2020 10:57 IST

Australia's largest airline says it plans to cut at least 6,000 jobs and keep 15,000 more workers on extended furloughs as it tries to survive the economic impact of coronavirus pandemic. Qantas said it would reduce costs by 15 billion Australian dollars ($10 billion) over three years and raise new equity of $1.9 billion AUD to help accelerate the airline's recovery. The plan includes grounding 100 planes for a year or more and immediately retiring its six remaining Boeing 747 planes.

Covid-19