Qantas slashes flights to Asia, warns coronavirus outbreak could cost it $150 million

Qantas will slash flights across Asia as the coronavirus crisis continues to damage airlines around the world. 

The airline said a lockdown on travel due to the virus will carve between $100 million to $150 million out of its earnings. With both international and domestic flights cut, Qantas jobs could be in jeopardy with 700 staff being put on paid leave. 

Qantas boss Alan Joyce speaks with ABC's Peter Ryan.

Photo: Peter Ryan, ABC