Qantas profits for the last half year of $42 million, a drop of 83% from the previous half. This is amist the ongoing strike action and the grounding of the entire fleet in late 2011.
With the significant drop in profits, confirmation of at least 500 jobs to go, but will not be sent offshore.
Read more: http://www.news.com.au/business/massive-drop-qantas-profit-falls-83pc/story-e6frfm1i-1226272490243#ixzz1mVBlSQUb
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