SYDNEY, AUSTRALIA - FEBRUARY 27: Qantas Chief Executive Alan Joyce announces the QANTAS half year results during a press conference at The Westin on February 27, 2014 in Sydney, Australia. Qantas announced they will cut 5000 jobs in a bid to dramatically cut costs following a $252 million first half loss. (Photo by Lisa Maree Williams/Getty Images)
Qantas has announced sweeping cost-cutting measures in light of the worsening novel coronavirus crisis, including slashing almost a quarter of all flights for the next six months and significantly reducing executive pay.
For the rest of this fiscal year, CEO Alan Joyce will forgo a salary, accor
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