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Qantas seeks $15bn savings in dramatic post-Covid recovery plan – Executive Traveller

The three-year ‘rightsize, restructure and recapitalise’ plan will see most of Qantas’ international fleet grounded to mid-2021.

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Qantas will ground the bulk of its international fleet until the middle of 2021, seek to raise $1.9 billion in equity and reduce costs by $15 billion under a three year ‘post-Covid recovery plan’ ann…

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