ZT: Qantas confirms 5000 job losses

NewLynnHse

http://www.nzherald.co.nz/busine ... p;objectid=11210725

Qantas has announced it will axe 5000 jobs after posting an A$252 million first half loss.

The airline says the full time job cuts are part of its a bid to cut $2 billion in costs over three years to 2017.

A wage freeze for Qantas executive put in place in December will continue and be extended to all of the group's employees.

Qantas also plans to cut capital expenditure by $1 billion over the next two financial years and make big changes to its fleet and network.

It earlier announced it would hand back its Brisbane Airport terminal lease for $112 million, although it will retain exclusive use of most of northern end of terminal until 2018.

The sale of the airport lease is part of a restructure and cost cutting drive that aims to eliminate $2 billion in costs over the next three years.


The Brisbane Airport lease covers terminal and runway access, was signed in 1987 and was due to expire at the end of 2018.

Qantas said the airport corporation would assume control of the retail space within the terminal and runway system including a runway that's being built.

Qantas Group chief executive Alan Joyce said it was a win-win for both parties and would have significant benefits to Queensland.

"Brisbane Airport is one of the most important airports for Qantas today and increasingly so into the future,'' he said.

"The deal is in line with our strategy of unlocking value in non-core assets.''

Mr Joyce said the agreement reached with Brisbane Airport on the new parallel runway was consistent with the Qantas Group's position of not pre-funding airport infrastructure before actually using it.


-AAP

NewLynnHse

冻顶百合 发表于 2014-3-2 22:30
http://news.skykiwi.com/world/gj/zh/2014-03-01/175550.shtml
会不会听到风声要被裁就把飞机蹭了

WOW~~~

冻顶百合

NewLynnHse 发表于 2014-3-2 13:50
神马情况？

http://news.skykiwi.com/world/gj/zh/2014-03-01/175550.shtml
会不会听到风声要被裁就把飞机蹭了

NewLynnHse

冻顶百合 发表于 2014-3-2 13:49
今天撞的飞机莫非是故意的？？

神马情况？

冻顶百合

今天撞的飞机莫非是故意的？？

hoolee

Qantas is a Chinese southern hemisphere airline soon....

Australia's Government is moving to allow struggling national airline Qantas to be majority foreign owned and to change rules that require it to keep most of its operations for international services in the country.

The changes to the Qantas Sales Act will lift the 49 per cent foreign ownership limit, as well as alter the restrictions on foreign airlines holding more than a 35 per cent stake and 25 per cent for any single foreign shareholder.

hoolee

Oh My!

Philip_J._Fry

o

NewLynnHse

Air NZ lands record half year profit

http://www.stuff.co.nz/business/ ... rd-half-year-profit

Tightened expenses and lower fuel costs have helped drive Air New Zealand's half-year profit up 40 per cent to a record $140 million.

The national carrier's revenue dipped $38m in the six months to December 31, with less income from cargo and contract services, but that was more than offset by a $92m fall in expenses, driven by lower fuel and maintenance costs, as well as favourable currency movements.

The majority state-owned airline declared a fully imputed interim dividend of 4.5 cents per share, an increase of 50 per cent.

It also released guidance for the full year ahead for normalised pre-tax profit of at least $300m.

Air New Zealand shares climbed 1.1 per cent to $1.77 in early afternoon trading.
...........