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Old 14th Apr 2009, 18:22
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quant
 
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Qantas axes more jobs and warns on profits

Sorry, but its not interesting in the slightest because it doesnt tell us anything that we dont already know.
Here is something new just for you....

Qantas, Australia’s leading airline carrier, today slashed its annual profit forecast by $AU300 million (£147 million) and announced plans to cut another 1,750 jobs in a bid to weather the global financial crisis.
Shares in the flagship airline plunged more than 10 per cent after the announcement this morning which surprised analysts and was described as “unwelcome news” by Julia Gillard, the Australian deputy Prime Minister.
The airline revised its full year pre-tax profit outlook to between $100-$200 million, a downturn of more than half from its previous forecast of $500 million.
Qantas axes more jobs and warns on profits - Times Online
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