SYDNEY, March 17 (Reuters) – Qantas Airways Ltd QAN.AX stated on Tuesday it might lower its worldwide capability by round 90% till not less than the top of Could as journey demand to Australia plunges due to new restrictions on arrivals associated to the coronavirus.
The modifications, which embrace a 60% lower to home capability, characterize the grounding of 150 plane, up from plans to floor 38 introduced final week.
Qantas stated it might have a major labour surplus throughout its operations because of this and the affect was prone to be felt throughout its workforce of 30,000 folks.
(Reporting by Jamie Freed; Modifying by Sandra Maler)
((Jamie.Freed@thomsonreuters.com; +61 2 9321 8174;))
The views and opinions expressed herein are the views and opinions of the writer and don’t essentially mirror these of Nasdaq, Inc.