Qantas Sees Annual Profit Drop, Warns Of Further Labor Cuts
Qantas' net profit for the year ending June 30 fell by about 30% to A$480 million (US$363.9 million), and the airline stressed last week that it will need to introduce even stricter cost cuts in the 2006-2007 fiscal year to prevent profits dropping further. Airline CEO Geoff Dixon said the carrier...
Subscription Required
This content requires a subscription to one of the Aviation Week Intelligence Network (AWIN) bundles.
Schedule a demo today to find out how you can access this content and similar content related to your area of the global aviation industry.
Already an AWIN subscriber? Login
Did you know? Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.
Related Content
