Financial Times FT.com

Qantas set to axe more jobs

By Peter Smith in Sydney

Published: March 22 2009 22:11 | Last updated: March 22 2009 22:11

Qantas, the Australian flag carrier, will this week make public a restructuring plan that includes a second wave of redundancies after an examination of the airline’s business under Alan Joyce, its new chief executive.

Staff and unions will be told the job losses are needed to match reduced capacity requirements as passenger revenues have deteriorated.

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