Qantas revise profit forecast and slash another 1750 jobs

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Qantas revise profit forecast and slash another 1750 jobs

14th April 2009, 09:51 AM

Michael Morrison Michael Morrison is offline

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Location: Sydney

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Qantas revise profit & Defer A380

http://asx.com.au/asxpdf/20090414/pd...dbxm9rgp7v.pdf

500 Management jobs to go
1250 FTE jobs to be cut
5% reduction in capacity - Routes to be affected will be UK/US and South Africa
Around 10 aircraft grounded (744/767)
4 x A380's to be deferred
12 x 738's to be deferred

Profit downgrade to around $100M-$200M for Full year

Last edited by Michael Morrison; 14th April 2009 at 10:01 AM.

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