aviation

Qantas dispensable: Virgin CEO

Qantas Airways is no longer indispensable to Australia because of the growth of its second largest carrier Virgin Australia Holdings, Virgin’s chief executive officer John Borghetti said.

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aviation

Qantas may slash 5,000 jobs

The airline has been battling record fuel costs and fierce competition from subsidised rivals and in December said 1,000 jobs would go while warning it faced a half-year loss of up to A$300 million.

aviation