Qantas chief executive Alan Joyce has called on the Morrison government to extend the JobKeeper program for industries hit hardest by the coronavirus pandemic after the airline announced it would sack 6000 workers and cut $15 billion in costs.
"We have to position ourselves for several years where revenue will be much lower," Mr Joyce said. "Adapting to this new reality means some very painful decisions."The cuts come amid growing fears of a second wave of COVID-19 inside Australia, and signs the virus is escalating in key offshore markets such as the US and UK.
Mr Joyce said he was having "constructive" discussions with the government about “JobKeeper or some alternative form of support” after the wage subsidy scheme ends in September. All of the Qantas' stood down workers are receiving the $1500 per fortnight payment, and so are most of Virgin's 9000 staff. Virgin's administrator, Deloitte, has also asked the government to extend Jobkeeper to helpQantas said its 6000 redundancies would include office roles , ground operations including baggage handlers , cabin crew , engineering and pilots at Qantas and its budget arm, Jetstar.
Mr Joyce said he expected Qantas would not do any meaningful international flying until July next year other than to New Zealand and possibly some other countries within "travel bubbles", with capacity to recover only to 50 per cent in the 2022 financial year and 75 per cent in 2023.However domestic capacity, currently sitting at 15 per cent of normal levels, could recover to 70 per cent within a year, he said.
A very disturbing situation to see 6000 jobs lost overnight in just one iconic company..... The Fedral Government must act to ensure States open borders across Australia asap.
I was intrigued to hear him outline a re employment plan which assumed internation travel being normalized in 12 months 'because' vaccine will be available by then. Do all globally affected companies plan this way? abc730
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