Australia’s Qantas to sell land for $595 million to cushion pandemic blow

(Reuters) – Australia’s Qantas Airways Ltd said on Friday it is planning to sell a land in New South Wales for A$802 million ($594.68 million) to reduce debt, as the carrier recovers from pandemic lows.

($1 = 1.3486 Australian dollars)

(Reporting by Savyata Mishra in Bengaluru)