QANTAS plummets amid warnings international flights are a year away

Qantas has posted a statutory loss of $2.7 billion, which is reflective of the downturn in travel due to the coronavirus pandemic. It doesn't expect to fly overseas until July next year, but with many domestic borders also closed, it's calling for a plan to at least restart key aspects of business.

Qantas Group Chief Executive Officer Alan Joyce Source: AAP