)
Qantas to launch ultra long-haul flights from Sydney
Qantas is preparing to launch the world’s longest non-stop flights from Sydney to London, Paris and New York in 2025.
Qantas is preparing to launch the world’s longest non-stop flights from Sydney to London, Paris and New York in 2025.
Qantas has posted a full-year net loss of $1.73 billion while Woolworths announced a $2.1 billion profit, reflecting the pain and gain the pandemic is serving up to some of Australia’s biggest corporates.
Get InDaily in your inbox. Daily. The best local news sent straight to your inbox every workday at lunchtime.
Thanks for signing up to the InDaily newsletter.
Qantas suffered a billion dollar-plus loss in profits in the first half of its trading year, dogged by both domestic and international travel restrictions due to the coronavirus pandemic.
Qantas workers who have been stood down during the COVID-19 pandemic are taking their fight for sick leave to the nation’s highest court.
Qantas has suffered a $100 million hit to its first quarter earnings after several states closed their borders in July in response to Victoria’s coronavirus outbreak.
Qantas will sack 4000 workers next month and another 2000 are in the firing line, after taking a $4 billion hit from from pandemic-imposed travel restrictions in what CEO Alan Joyce says has been the airline’s toughest six months in its 100 year history.