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Qantas Airways Ltd To Split Business Into Two-Reuters
Reuters reported that Qantas Airways Ltd is splitting its loss-making international operations from its profitable domestic business and putting it under the charge of the head of its second-biggest money spinner. As part of a five-year turnaround plan, the two businesses will have separate chief executives and operational and commercial plans, Australia's top airline said in a stock exchange filing. The two businesses will also report earnings separately.
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