Qantas will remove 6000 workers in order to stay afloat during the outbreak of coronavirus, according to the airline.
The reductions represent about a fifth of the workforce of the airline before the crisis Covid-19. In march, she discharged more than 80% of its staff.
The national carrier of australia has declared that the collapse of the global air transport had devastated the income.
Last week, the australian government has stated that its boundary would probably still be closed next year.
This has prompted Qantas to cancel all international flights until the end of October, with the exception of those destined for New Zealand.
On Thursday, the chief executive officer, Alan Joyce, said the airline expected a decline in revenues over the next three years, forcing it to become a smaller company to survive.
“The measures we need to take will have a huge impact on thousands of people,” he said in a statement.
“But the collapse of billions of dollars of income leaves us little choice if we want to save as many jobs as possible, in the long term. “
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Mr. Joyce added that Qantas, and its subsidiary, budget Jetstar, would extend the period of leave of absence of approximately 15 000 workers ” waiting for the recovery that we know are coming “.
Australia has flattened its curve viral more quickly than other countries, which means that the demand for domestic flights is back and is expected to fully recover by 2022.
But the international application at this time should be half of what it was, said the airline.
Mr. Joyce stated that half of the suspended workers of Qantas would probably work on domestic flights later this year, but the other – the staff of international flights – will come back more slowly.”
The airline also plans to raise 1.9 billion australian dollars (1.05 billion pounds) in equity capital – its first initiative of this kind in 10 years – to bring new funds and help to “speed up” his recovery.
Other short-term savings will be found by immobilizing up to 100 aircraft, including its fleet of A380 aircraft, and deferring the purchase of new aircraft, according to the release.
The airline said its frequent flyer program on a massive scale – which has 13 million members, about half of the australian population – would be his best hope of recovery as long as the borders remain closed.
The other major carrier in australia, Virgin Australia, has fallen under voluntary administration in April and is currently in the process of sale.
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The international air transport Association (IATA) – the body of the tip to the airlines, has warned that revenues of the global airlines had experienced a decrease of 55% compared to the levels of 2019. IATA says it will take more than three years to travel the world returning to the levels of 2019.