Qantas Outlines Delivery Deferrals

"Qantas Airways said it would defer delivery of four Airbus A380s and 12 Boeing 737-800s by about a year today as it announced a series of steps to counter its first projected second-half loss in six years. The Australian flag carrier also said it would effect a 5-percent reduction in passenger capacity, cutting frequencies on both international and domestic routes and grounding “the equivalent of 10 aircraft." Next.