Qantas’s return to profitability has confounded the critics – and there are many – of the airline’s management. With the cost reductions, operational improvements and a big helping hand from falling fuel prices, the share price has tripled since the announcement of the transformation program, crossing $3 back in March for the first time in six years.
This slide is from a recent investor presentation and shows the progress on the Qantas plan to reduce the airline’s workforce by 5000 people over three years.
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