Australian airlines Qantas grounds around 38 planes amid coronavirus outbreak

Major Australian airlines Qantas will take sweeping steps to deal with a plunge in bookings - sparked by the coronavirus.

That collapse in demand is punishing airlines around the globe.

Qantas will cut international routes by nearly a quarter over the next six months.

And its chairman and chief executive will forgo salary for the rest of the financial year.

CEO Alan Joyce spoke to reporters in Sydney on Tuesday.

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