Qantas warned staff it will lay off 20%, or approximately 1,000, of its management and administrative personnel in order to slash costs as fuel prices continue to rise. The carrier's fuel bill has increased by A$2 billion ($1.53 billion) to A$3.8 billion in the past two years and is expected to grow by a further A$1 billion during the 2006-07 financial year. It warned at its half-year results announcement in February that job losses were on the agenda (ATWOnline, Feb. 17) in addition to the ...

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