Qantas announces flight cuts, Jetstar CEO to depart

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Qantas announces flight cuts, Jetstar CEO to depart
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BREAKING: Qantas has announced it will be further cutting domestic flights to help combat rising fuel prices, and Jetstar chief executive Gareth Evans is departing his role at the end of the year. Qantas Jetstar

Qantas revealed the news in a trading update, saying it will cut an additional 5 per cent of domestic flights for July, August and September. This comes on top of a 10 per cent reduction announced in May.James Brickwood

The carrier also announced up to 19,000 employees across the Group will be offered a $5000 payment as the carrier continues to recover financially from the pandemic. Qantas revealed a $1.5 billion drop in net debt over the past six months.The one-off payment comes as part of efforts to hang onto staff amid mounting passenger frustrations about the airline.

“Today, we’re announcing a one-off payment that goes some of the way to acknowledging the sacrifices our people have made, including long periods of no work and no annual wage increases,” he said.Qantas is currently negotiating to increase wages by two per cent, following a two-year wage freeze for all staff during the pandemic. Joyce said the airline “can’t afford” to increase salaries beyond the two per cent threshold but could afford the one-off payment.

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