SYDNEY: Australia's Qantas is cutting 6,000 staff and grounding 100 planes for up to a year in a US$10 billion cost-cutting blitz in response to the coronavirus disease 2019 (Covid-19) crisis, the airline announced Thursday.
Chief Executive Officer Alan Joyce said the three-year plan to save Australia's flag carrier from "the biggest crisis our industry has ever faced" would also see more than half the company's remaining 23,000 staff remain on leave for months.
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