Australians have a deep affection for Qantas.  Over more than 90 years, Qantas has served the Australian community proudly as national carrier. But Qantas must change to ensure that it can continue serving Australia for many more decades to come. Companies that fail to respond to a changing world risk terminal decline. Those that move […]

Qantas today announced an Underlying PBT loss of $252 million and a Statutory Loss After Tax of $235 million for the six months ended 31 December 2013.

Key points: $2 billion cost reduction, including 5,000 jobs More than 50 aircraft to be deferred or sold $1 billion capital expenditure reduction Core investment in customer service to continue Qantas today announced detail of its $2 billion cost reduction program and capital expenditure review. Qantas will take action to permanently reduce costs in all parts […]

The Qantas Group today announced a market update, accelerated cost reductions and a capital expenditure and structural review, in response to fundamentally changed market conditions.