Qantas Airways Ltd, plans to cut number of cabin crew as much as 5%. Australian-based airline was forced to make the efficiency as a consequence of the increased price of fuel. In addition, the efficiency should also bedone in the middle of the aviation industry competition is getting tighter .
Thursday (3 / 6), the company said about 350 of 7,000 flight attendants are likely to receive this package. Company based in Sydney these states, the international division business growth continues to slow. In fact, the Qantas pilot remotely demanding higher salaries.
Qantas revise local flight that had the capacity will grow 14% to 8%. While international aviation growth trimmed to 7% of the original 10%.
Top of this impact, the investment firm Macquarie Group Ltd. cut its recommendation of Qantas shares.
