Quantas reschedules A380 deliveries to reduce capital expenditure
The Qantas Group will reduce capital expenditure in 2012/13 by a further $400m in addition to the $500m announced in February, as it pursues competitiveness in all business areas. Capital expenditure in 2012/13 will now total $1.9bn compared with the $2.3bn previously planned, consistent with the Group’s commitment to disciplined capital management. Capital expenditure in