Jobs To Go As Qantas Plots Virus Recovery Plan

Jobs To Go As Qantas Plots Virus Recovery Plan

"We're very optimistic about domestic", Joyce said at the press conference.

'We are just working through the best way to target and deliver that support, ' he said on Thursday, adding that could include JobKeeper or other measures.

The carrier anticipates this will increase to around 15,000 by the end of the year, in line with the opening up of domestic flying.

"This crisis has left us no choice but we're committed to providing those affected with as much support as we can".

Airlines across the world have been reeling from the near-total halting of travel since the start of the coronavirus pandemic, with Australia's second-largest carrier and only other major airline, Virgin Australia Holdings Ltd., placed under voluntary administration in April. The airline is also looking forward to seeing state and territories open their borders to get employees back on the job.

The announced cuts amount to 20% of the airline's 29,000 workforce before the Coronavirus crisis.

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Qantas (QF, Sydney Kingsford Smith) has announced that as a part of its newly-devised post-COVID recovery strategy, effectively immediately, it has retired all remaining B747-400 (ER)s, grounded up to 100 additional aircraft for up to more than a year, and deferred deliveries of A321-200neo and B787-9s.

When asked why he chose to sack 6000 workers before the Federal Government's JobKeeper announcement on July 23, Mr Joyce said the reality was that those jobs would not exist regardless of government economic lifelines. "There'll be nothing this next financial year, July next year we may start seeing some worldwide services and that will only get us to 50 percent".

The good news is that, as has come up frequently over the past few months, implementing a "travel bubble" with New Zealand - aka reinstating global travel just between the two countries before Australia's global border reopens to all nations worldwide - is still under consideration according to Birmingham.

"We have to position ourselves for several years where revenue will be much lower".

Joyce went on to say that today's decision was made even harder due to the fact that the airline had been actively recruiting staff, particularly pilots and cabin crew members, in the lead-up to the outbreak of Covid-19.

Rival Virgin Australia bidder Cyrus Capital Partners announced on Friday morning they would be withdrawing their interest in buying the airline established in Australia in 2001 by billionaire entrepreneur Sir Richard Branson. It aims to use up to $1.9 billion in funds raised to speed up its recovery.

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