Australia's Qantas Airways will make cuts to its loss-making international operations under a new business strategy to be announced next month, chief executive Alan Joyce said in an interview.
The new strategy, to be announced on August 24, would include "an honest and fairly aggressive view on the performance of the international network and making cuts where we need to make them," Joyce told the Australian Broadcasting Corp (ABC).
Joyce also said he believed the Australian division of competitor Tiger Airways would operate again in Australia's domestic market despite its current grounding by safety regulators.
In an interview broadcast Sunday, Joyce said the current loss-making model of Qantas' international business was not sustainable over the long term. It has been supported, he said, by profitable domestic operations and the creation of the low-cost Qantas subsidiary, Jetstar.
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