Qantas to Cut 5,000 Jobs by 2017 Amid A$252M Loss

Feb. 27 (Bloomberg) -- Qantas Airways, Australia’s biggest airline, will cut 5,000 jobs and defer new jets after posting a A$252 million ($226 million) loss as Chief Executive Officer Alan Joyce steps up the case for government assistance. Dan Petrie reports on Blooomberg Television's "First Up." (Source: Bloomberg)

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