Qantas loses €98m from disasters
Published 31/03/2011 | 09:18
QANTAS Airways has warned that profits at the company will be hurt by the recent natural disasters in Japan, New Zealand and Australia.
The company has announced that it is suspending some flights and downsizing capacity on others from Australia to Japan and New Zealand.
Demand for travel to Japan has fallen following the earthquake on March 11 amid fears of radiation leaks. Qantas said the natural disasters will cost the company €98m.