Original article by Phillip Coorey, Lucas Baird
The Australian Financial Review – Page: 1 & 8 : 26-Jun-20
The federal government is set to provide a coronavirus assistance package for the nation’s airlines in the wake of plans by Qantas to retrench 6,000 employees. Prime Minister Scott Morrison says it is clear that the sector will continue to require government assistance when the JobKeeper wage subsidy scheme ends in late September. He has flagged the possibility of extending JobKeeper or providing an industry-specific support package. Morrison has previously rejected a request from Virgin Australia to extend the JobKeeper scheme.
CORPORATES
AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET, QANTAS AIRWAYS LIMITED – ASX QAN, VIRGIN AUSTRALIA HOLDINGS LIMITED – ASX VAH