Thursday, August 20, 2020

Qantas dives to $2b loss but says it will survive even if the pandemic runs into 2022

Qantas swings to a $2 billion loss, saying just the first few months of the coronavirus pandemic cost it $4 billion in lost revenue, but that it can survive even if the current travel restrictions last into 2022. 

Chief executive Alan Joyce tells ABC's Peter Ryan he's confident a vaccine is on the horizon but wants to see greater leadership from National Cabinet to deal with frozen borders.


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