Qantas confirmed yesterday the closure of its 747 heavy MRO operations in Sydney after 55 years in service, resulting in the loss of approximately 480 jobs although up to 140 employees may be transferred elsewhere in the company, CEO Geoff Dixon said. The airline, which has been considering the move since October as part of the restructuring of its maintenance and engineering operations, said it would make an effort to keep the work in Australia but is looking at securing a cost base that ...

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