Qantas | Firm admits underpaying staff by more than £5m

The aviation industry is currently in the throes of some of the most extreme market volatility that it has ever seen.

In early March, it was confirmed that international airline Flybe would enter immediate administration following a failed bid to raise emergency funds and added pressure from the current coronavirus outbreak.

Other airlines such as British Airways and Easyjet have slashed prices to encourage those who are hesitant to travel due to health concerns, whilst countries such as Italy and the US have created strict travel bans from countries including the UK to prevent further spread.

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However, Qantas is the latest airline to hit headlines after it admitted to underpaying employees by a total of over £5.56million ($7.1million) – a number that looks set to rise even further following an independent audit.