Qantas says there will be few if any more job cuts in the wake of worse than expected profit margins.
The airline has announced a profit forecast of $500 million, down from $750 million and will ground another ten planes, taking the number to 32 for the year.
Qantas chief financial officer Colin Storey says job cuts have been dealt with, and believes the lost flights may even be restored before long.
“Most of the permanent staff reductions we’ve already announced,” Mr Storey said.
“And further adjustments and further reductions to our variable costs will be done in a way where we can add more flights if demand conditions do improve later in the year.”