Qantas to cut 1,000 jobs as airline forecasts half-year loss of up to A$300 million

Australian airline Qantas announced the axing of 1,000 jobs and said it faced “immense” challenges in a shock profit downgrade on Thursday, flagging a half-year loss of up to A$300 million (HK$2.1 billion).

via Business feed http://www.scmp.com/business/companies/article/1373639/qantas-cut-1000-jobs-airline-forecasts-half-year-loss-a300