Wednesday 25 April 2018

Qantas loses €98m from disasters

Getty Images
Getty Images

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.

Irish Independent

Business Newsletter

Read the leading stories from the world of Business.

Also in Business