Qantas will be slashing 30,000 jobs as it has grounded around 150 aircraft due to fall in travel demand.
The Qantas group said the international capacity will be cut by around 90 per cent and Domestic capacity will be cut by around 60 per cent until at least the end of May 2020.
This represents the grounding of around 150 aircraft, including almost all of the Group’s wide-body fleet.
Previously announced cuts in place from end-May through to mid-September remain in place and are likely to be increased, depending on demand.
The route-by-route detail of these changes across Qantas and Jetstar is currently being worked through and will be announced in coming days.
“Despite the deep cuts, the national carrier’s critical role in transporting people and goods on key international, domestic, routes will be maintained. This includes using some domestic passenger aircraft for freight-only flights to replace lost capacity from regular scheduled services. Qantas’ fleet of freighters will continue to be fully utilised.” Qantas said.