Arab Today, arab today struggling australian airline qantas will make
Last Updated : GMT 16:53:24
Arab Today, arab today
Arab Today, arab today

Struggling Australian airline Qantas will make

Arab Today, arab today

Arab Today, arab today Struggling Australian airline Qantas will make

Sydney - AFP

Struggling Australian airline Qantas will make dozens of pilots redundant for the first time in 40 years, reports said Wednesday, as it continues to slash costs to contain massive losses. The national carrier, which announced it would cut 5,000 jobs from its workforce in February, will call for voluntary redundancies among its Boeing 747 and 767 pilots, the Australian Financial Review said. Qantas previously said it would retire both ageing Boeing fleets as part of its plan to save Aus$2 billion (US$1.8 billion) over the next three years, with chief executive Alan Joyce saying the airline was facing "some of the toughest conditions" it had ever seen. Qantas chief pilot Dick Tobiano said in an internal message that plans to accelerate the retirement of the planes meant the airline was no longer able to manage the staff surplus through leave arrangements, the newspaper reported. The Australian and International Pilots Association (AIPA) said the redundancies were "regrettable" but it would work with the company to "ensure the process was managed with as little pain to individual pilots as possible". "Obviously from AIPA's perspective it is far better to see fleet reductions managed with older pilots stepping out on their own terms, rather than younger pilots being made redundant compulsorily," AIPA president Nathan Safe. Up to 100 redundancies, or just under 20 percent of the 550 pilots for both fleets, were reported to be affected. The airline, which had no immediate comment, has around 2,000 pilots on its books. While the cuts could see some of Qantas' most experienced pilots leave, Safe told the Australian Broadcasting Corporation he did not "have any concerns about a lack of experience resulting from this -- not at all". "Many of the pilots who won't take the package or won't be targeted by the package are also some of our most experienced pilots." Tobiano stressed to the pilots affected that the cuts did not reflect their contribution to Qantas but the "realities of our fleet plan and the realities we face". Qantas has lobbied the government for support after it announced a Aus$235 million loss in the six months to December 31 as it grapples with competition from domestic rival Virgin Australia, which is majority-owned by state-run Singapore Airlines, Etihad and Air New Zealand. Its plea for a debt guarantee, or a Aus$3 billion unsecured loan, was rejected, but the government said it would relax the Qantas Sale Act, which would remove restrictions limiting foreign ownership in the airline to 49 percent. The bill passed the lower house of parliament in March but has yet to reach the upper house Senate.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today struggling australian airline qantas will make Arab Today, arab today struggling australian airline qantas will make

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today struggling australian airline qantas will make Arab Today, arab today struggling australian airline qantas will make

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Zainab Fadel Oglu designs “Shakerin” mosque

GMT 12:13 2017 Thursday ,11 May

Zainab Fadel Oglu designs “Shakerin” mosque
Arab Today, arab today Seeks to move past rift with Israel

GMT 08:00 2017 Monday ,08 May

Seeks to move past rift with Israel
View News in Arabic - Business: أخبار الشركات
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Mozambique's gas boom dream under threat

GMT 16:29 2017 Monday ,08 May

Mozambique's gas boom dream under threat
Arab Today, arab today Prepares to give stargazers an eyeful

GMT 13:38 2017 Monday ,06 March

Prepares to give stargazers an eyeful
Arab Today, arab today Jaguar displays XF Sportbrake line

GMT 14:36 2017 Monday ,08 May

Jaguar displays XF Sportbrake line
Arab Today, arab today BMW sees forecasts in reach

GMT 09:04 2017 Thursday ,04 May

BMW sees forecasts in reach
Arab Today, arab today Climate science: Bad news gets worse

GMT 08:48 2017 Saturday ,06 May

Climate science: Bad news gets worse
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday