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, he has allowed two-thirds 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. ”
He added that Qantas, and its subsidiary, budget Jetstar, would extend the period of leave for approximately 15 000 workers ” waiting for the recovery that we know are coming “.
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 its fleet of A380 aircraft, and deferring the purchase of new aircraft, he said.
Mr. Joyce stated that he believed that the demand for domestic flights to be re-established in full by 2022, but that the international application at this time would be half of what it was.
The other major carrier in australia, Virgin Australia, has also suffered financially during the pandemic, and collapsed into voluntary administration in April. It has since received several takeover offers, he said.
- Virgin Australia collapses under administration
Earlier this month, the international air transport Association (IATA) has warned that the airline industry might face losses of more than $ 84 billion this year.