Qantas Airbus A380
Australian flag carrier Qantas is seeking voluntary redundancy from its pilots, in a first move to cut $1.8 billion in costs and reduce staffing levels by 5,000 over the next three years. The first cuts will come from the ranks of its Boeing 767 and 747 chief and first officers. In February, Qantas Group reported a first-half fiscal year 2014 net loss of A$235 million ($208 million), A$346 million worse than posted in the year-ago period. In a letter to pilots, Qantas chief pilot Dick ...
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