Qantas will scale up its aggressive cost reduction program following Wednesday's warning that a combination of redundancy payouts and a A$1 billion ($737.8 million) additional impost from rising fuel prices will see its full-year earnings fall by 27% (ATWOnline, June 22). In a statement to the Australian Stock Exchange, CEO Geoff Dixon indicated that further job cuts may be necessary despite the progress made with the carrier's five-year, A$3 billion cost and efficiency improvement agenda. ...

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