New staff cuts oriented management of the Australian Qantas airline. Qantas plans to proceed with the dismissal of between 2,000 to 3,000 people. It will make a sale of the aircraft, and perhaps other assets in order to reduce its deficits. The airline is pushing the Australian Government to provide financial assistance and to change the law to allow it to secure outside investment. There are fears that on Tuesday, Qantas will announce large deficit may reach one billion dollars.
The government of Tony Abbott although not committed allegedly provided rather to strengthen the Qantas threatened. Recall that recently Sir Richard Branson, the boss of the competitive Virgin, registered full page advertisements in the Australian press with which calls on the Australian government not to financially support the national airline Qantas.
If the government supports Qantas, then any company that operates in Australia, whenever you have a financial problem you will run to the government for aid refers the advertising. Is known as the Government may refuse the request of Qantas, noting that if taxpayers bail out the company, then the foreign companies will think twice before investing in Australia. It can not Qantas, also a private company to compete with our taxpayers money, noted the ad.
By Nicole P.