The Market Hates Qantas' Turnaround Plans

Qantas(Photo: Getty/Scott Barbour)

Qantas is down more than 7% after announcing a $252 million half-year loss, and 5000 job cuts.

The company detailed a turnaround plan. But investors aren’t impressed.

Its stock was down 7.9% to $1.18 at 11.30.

Live price here.

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