As forewarned, Qantas has posted a loss of A$235 million during the six months to December 2013, which compares to a A$111 million ($114 million) profit for the same period a year ago. In a bid to cut costs further, Qantas has announced 5,000 job cuts and a realignment of the carrier’s fleet that will be reduced from 11 to seven aircraft types. The airline also stated that wages would be frozen until the airline made a profit. “We are facing the toughest conditions Qantas has ever seen,” said CEO Alan Joyce. “This performance by our airlines is unacceptable and

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