Qantas warns of half-year losses, announces 1,000 staff cutbacks

Credit: Kurt Hofmann
Qantas has warned it expects to make an underlying loss before tax of between A$250 million ($226 million) and A$300 million for the half year ending Dec. 31. The airline group blamed a “marked deterioration” in trading conditions, especially in November, “with both passenger loads and yields below...

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