Qantas Airways will cut its international capacity by nearly 25% over the next six months and delay an order for Airbus A350 planes as part of sweeping changes in response to a coronavirus-led plunge in passenger demand.
Australia’s Qantas Airways picked Airbus over Boeing as the preferred supplier for jets capable of the world’s longest commercial flights from Sydney to London, dealing the US planemaker its latest setback this year.
SYDNEY: Qantas Airways is axing at least 20% of its workforce and intends to raise up to A$1.9 billion ($1.3 billion) of equity under a sweeping cost-saving plan prompted by the coronavirus pandemic.
Qantas 747s carried more than 250 million people in almost half a century of service, including Queen Elizabeth II and every Australian Olympic team since 1984.
Several major Australian businesses urged a swift reopening of state borders on Thursday, even as authorities warned against complacency as new cases of the virus appear to be trending lower.