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

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/

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