TITLE

Quantas plans 18 percent staff cut in move to private control

PUB. DATE
July 1991
SOURCE
Aviation Week & Space Technology;7/15/1991, Vol. 135 Issue 2, p32
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
Announces that Quantas Airlines will cut 3,651 jobs, or 18 percent, to improve profitability and prepare the carrier for private ownership, saving the Australian airline about $123 million (American) for fiscal 1991-92. The Australian government plans to sell 49 percent of the carrier, 35 percent to foreign companies. Other cost cutting measures.
ACCESSION #
9107222329

 

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