Pandemic-hit Qantas to cut at least 6,000 jobs, raise $1.3 bil.

Australia's national carrier Qantas Airways Ltd. said Thursday it will cut at least 6,000 jobs, or roughly one-fifth of its total workforce, and raise up to AU$1.9 billion ($1.3 billion) to accelerate its recovery from the impacts of the coronavirus pandemic.CEO Alan Joyce said roughly 100 aircraft will be grounded for up to 12 months, including most of the airline's international fleet, and a further six Boeing 747 aircraft will be permanently retired six months ahead of schedule."This is something that weighs heavily on all of us. But the collapse of billions of dollars in revenue leaves …READ FULL ARTICLE