Qantas pay £43m in bonuses to staff

Qantas Airways, Australia’s national airline, is set to pay staff a share of £43million after the company managed an extraordinary financial turnaround.

The bonus will benefit 28,000 employees who agreed to an 18 month pay freeze as part of a cost cutting plan. In 2014 Qantas reported their largest annual loss to date. Just one year earlier the airline was forced to axe 5,000 jobs.