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Qantas Group Considers Moving Headquarters From Sydney

Qantas Group is considering moving its headquarters from Sydney as part of its cost cutting measures. It is also seeking to trim its A$40 million annual spend on leased office space.

The company said its review will mainly focus on non-aviation facilities - including its leased 49,000 square metre head office in Mascot, Sydney and Jetstar's leased head office in Collingwood, Melbourne.

The airline could co-locate the Qantas and Jetstar head offices in a single place rather than splitting them across Sydney and Melbourne.

The company expects the review of its property footprint across the country will take three months to determine preferred options.

Qantas has appointed Colliers International to sublease about 25,000 square metres of surplus office space across Mascot, Melbourne CBD and Hobart. A lease on a 230 square metre Sydney CBD office that is due to expire in October will not be renewed, the airline said.

The company will consider relocating some aviation facilities, such as flight simulator centres currently in Sydney and Melbourne as well as Qantas' heavy maintenance facilities in Brisbane - particularly if there was an opportunity to bring some or all of these facilities together elsewhere within Australia.

The company said that it has no plans to offshore facilities as a result of its review.

Last month, Qantas Group said it planned to outsource its ground handling operations at 10 Australian airports as part of its COVID recovery plan. The decision would impact up to 2000 employees, including some management roles.

The airline also proposed to outsource its bus services for customers and employees in and around Sydney Airport, which could impact 50 employees.

Jetstar Airways had decided to outsource ground handling at the six remaining Australian airports, impacting 370 jobs.

Qantas Group has already announced job losses of at least 6,000.

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