Qantas Forecasts Declining Financial Year, Additional Measures for Recovery
Qantas made an announcement on Thursday, May 20, suggesting that the airline is forecasting to lose at least A$2 billion ($1.54 billion) this financial year and also foresees its total revenue dropping to a big loss at A$16 billion (US$12.4 billion), despite the gradual increase in domestic air travel. The forecasted losses will come as […]