QAN 0.80% $7.42 qantas airways limited

News: QAN Qantas Says Reviewing Location Of Key Facilities As Part Of Efforts To Cut Overheads

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    Sept 15 (Reuters) - Qantas Airways Ltd (QAN) :

    • REVIEWING LOCATION OF KEY FACILITIES AS PART OF ITS RECOVERY PLAN AND EFFORTS TO CUT OVERHEADS
    • REVIEW MAY RESULT IN BRINGING TOGETHER SEVERAL FACILITIES, CURRENTLY SPREAD ACROSS AUSTRALIA, IN ONE STATE
    • REVIEW WILL FOCUS CHIEFLY ON NON-AVIATION FACILITIES, INCLUDING NATIONAL CARRIER’S LEASED HEAD OFFICE IN SYDNEY
    • LIKE MOST AIRLINES, ONGOING IMPACT OF COVID MEANS CO WILL BE A MUCH SMALLER COMPANY FOR A WHILE
    • REVIEW WILL FOCUS CHIEFLY ON NON-AVIATION FACILITIES, INCLUDING JETSTAR’S LEASED HEAD OFFICE IN MELBOURNE
    • LOOKING RIGHT ACROSS ORGANISATION FOR EFFICIENCIES, INCLUDING $40 MILLION ANNUAL SPEND ON LEASED OFFICE SPACE

    Source text https://www.qantasnewsroom.com.au/media-releases/possible-interstate-move-for-national-carrier-hq-as-it-consolidates-property-footprint/

    (([email protected];))

 
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