You are here

Qantas to cut 1,000 jobs, warns of A$300m loss

It cites challenges including stiff competition, strong A$, high fuel prices

[SINGAPORE] It looks like Qantas's strategy of aligning itself with Middle Eastern carrier Emirates has yet to pay off. Australia's national flag carrier said it would shed at least 1,000 jobs and warned of a loss of up to A$300 million (S$340 million) in the first half of financial year 2014 as