Australian airline Qantas has said it will cut 5,000 jobs, after reporting a heavy financial loss.
It is part of the Australian carrier's plans to reduce costs by A$2bn ($1.8bn; £1bn) over the next three years.
The cuts were announced alongside an underlying pre-tax loss of A$252m for the six months to the end of December 2013
The airline, which also plans to reduce its fleet by more than 50 aircraft, said it faced tough competition in both international and domestic operations.
Qantas chief executive Alan Joyce said he would be discussing the job cuts with trade unions on Friday Feb 28,2014
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