10:07am: SMH We're still going through Qantas' announcement and here are some more cuts and changes to fleet and flight routes:
- More than 50 aircraft will be deferred or sold
- Qantas has suspended growth at Jetstar Asia in Singapore amid intense competition from other budget airlines in the region.
- Qantas will retime A380 flights between Melbourne and London in November to reduce the amount of the time the planes stay on the ground at London’s Heathrow Airport. No mention of ditching the route though, as had been speculated.
- The retiming will free up A380s, which Qantas will consider flying on other routes.
- Qantas will retire six Boeing 747 jumbos in the second half of 2015-16, earlier than scheduled.
- All of its Boeing 767s will be retired by the first quarter of 2014-15.