Qantas Airways splitting its international, domestic operations
Australia’s flag carrier Qantas Airways recently announced it will be splitting its international and domestic operations into two separate businesses from July this year.
The airline in a statement said that Qatar Airways flights on domestic and international routes will now be accounted for as separate businesses.
According to the airline, its domestic business as well as international business will have separate chief executives, who would be reporting the financial results of their respective business.
Alan Joyce, who will remain Chief Executive of the overall airline, said that the revamp exercise being currently undertaken is part of Qantas Airways’ five-year turnaround plan for its struggling international division.
Joyce said that formally separating the management of Qantas International and Qantas Domestic will ensure that each business can be run independently according to its specific priorities and market conditions.
The airline also announced that it will cut 500 engineering jobs from its operations at Tullarmarine and Avalon airports as part of its restructuring exercise.