Qantas to lay off dozens of pilots in effort to resuscitate flagging profits
May 15, 2014, 12:06 am TWN
SYDNEY--Struggling Australian airline Qantas on Wednesday said it will make dozens of pilots redundant for the first time in 40 years as it looks 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.
A spokesman said the airline was not placing an exact number on the redundancies until the application process was complete but reports said up to 100 positions, or just under 20 percent of the 550 pilots for both fleets, were being targeted.
Qantas has around 2,000 pilots on its books.