Wednesday, 14 May 2014 - 11:58
Qantas reportedly to lay off pilots in bid to revive profits
Struggling Australian airline Qantas will make dozens of pilots redundant for the first time in 40 years, as it continues to slash costs to contain massive losses.
The national carrier, which announced it would cut 5,000 jobs from its workforce in February, will call for voluntary redundancies among its Boeing 747 and 767 pilots.
Qantas previously said it would retire both ageing Boeing fleets as part of its plan to save 2 billion Australian dollars, over the next 3 years, with chief executive Alan Joyce saying the airline was facing "some of the toughest conditions" it had ever seen.