The Australian airline Qantas Airways is planning as a result of the Coronavirus-crisis, at least 20 percent of its workforce to reduce and depreciation and amortization of approximately $ 1.3 billion of liquidity to apply. “We need to position ourselves for several years, if the revenue is much lower,” said Qantas chief Alan Joyce at the launch of a Three-year Plan. “And that means in the short term, a much smaller airline.”
Qantas announced to cancel at least 6000 jobs under the 29,000 employees, and a further 15,000 employees remained temporarily free, to, especially, international air traffic is increasing again. Joyce said some 100 aircraft would need to remain for up to 12 months or longer on the ground, the six in the fleet remaining Boeing 747 will immediately – and not, as planned, in six months, to be sent into retirement. In addition, the airline wool apply on the depreciation of your currently disused Airbus A380 fleet up to 1.3 billion dollars, in order to secure the liquidity of the company.
In the framework of the Three-year Plan has declared the managing Director of Joyce is ready to stay at least until June 2023 at the top of the group. The government of Australia had announced last week that international travel will probably be again in the coming year, however, a relaxation of the entry regulations for students and other long-time visitors will be considered.
