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Qantas CEO Alan Joyce has told the Macquarie Australia Conference in Sydney that the airline is on track to achieve $800 million in savings by June 2015, and the planned $2 billion in savings by early 2017.
The airline will have reduced its full-time employee numbers by 2,200 by the end of June this year, Joyce said, with a further 1,800 jobs to follow by June 2015 and another 1,000 by 2017. The Qantas boss also said the airline was looking to reduce its costs by 10 per cent excluding fuel, and that its goal was to reduce the cost gap to Virgin Australia in order to make it more competitive.
The airline will have reduced its full-time employee numbers by 2,200 by the end of June this year, Joyce said, with a further 1,800 jobs to follow by June 2015 and another 1,000 by 2017. The Qantas boss also said the airline was looking to reduce its costs by 10 per cent excluding fuel, and that its goal was to reduce the cost gap to Virgin Australia in order to make it more competitive.
