Australia’s Qantas Airways said it is axing at least 20% of its workforce and plans to raise up to $1.30 billion of equity as part of drastic measures in response to the coronavirus crisis.
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In This Story: Australia
Australia, officially known as the Commonwealth of Australia, is a sovereign country comprising the mainland of the Australian continent, the island of Tasmania, and numerous smaller islands. It is the largest country in Oceania and the world’s sixth-largest country by total area.