The chief of Australia’s biggest airline, Alan Joyce, said today’s results were “the sad reality” of COVID-19.
“Some carriers are shrinking their workforce by 30 per cent, 40 per cent, and even 50 per cent. Some airlines may not survive at all,” Mr Joyce said during a press conference this morning.
“The Flying Kangaroo wings are clipped for now, but it’s still got plenty of ambition, and we plan to deliver on it. We are, and always will be, the Spirit of Australia,” Mr Joyce said.
Qantas profits have plunged 91 per cent in what the premier airline has called “the most challenging period in its long history”.
In its 2020 financial year results released on Thursday, the airline recorded a statutory loss after tax of $1.97 billion.
Qantas CEO Alan Joyce. Picture: AAPQantas confirmed the loss of at least 6000 permanent jobs due to the ongoing financial blows caused by the coronavirus pandemic.
“For those leaving in the coming months and weeks ahead, I want to thank you sincerely for your service. It’s been heartbreaking for all of us. I’ve seen people I’ve known for 20 years leave the company in the last couple of weeks, people that have served the company for over 40 years, people that, for no fault of their position or the company’s position, have to leave this organisation,” Mr Joyce said.
He also called for a “clear set of rules” around domestic border decisions during the coronavirus pandemic.