Coronavirus-hit Qantas posts £1bn annual loss

Coronavirus-hit Qantas posts £1bn annual loss

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Qantas has reported an annual loss of almost A$2bn (£1bn; $1.4bn) as it deals with the impact of the coronavirus pandemic.

The Australian flag carrier’s boss says trading conditions are the worst in the airline’s 100-year history.

The firm also says around 4,000 of its 6,000 planned job cuts are expected to be finalised by the end of next month.

The global…

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