Business Daily Media

Qantas cutbacks signal hard years before airlines recover

  • Written by Volodymyr Bilotkach, Associate Professor, Singapore Institute of Technology
Qantas cutbacks signal hard years before airlines recover

Qantas’ announcement this week of severe job cuts comes as little surprise. The COVID-19 pandemic and closed borders have brought the global aviation industry to its knees.

According to global travel data provider OAG (formerly the Official Airline Guide), this week airlines worldwide scheduled about 63% fewer flights to the week a year ago....

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