SYDNEY, Feb 16 (Reuters) - Leading Australian airline Qantas Airways said its profits halved in its fiscal first-half after a bitter industrial dispute and high fuel bills took their toll, and said it planned to cut 500 jobs to reduce costs.
Chief Executive Alan Joyce outlined capital expenditure cuts, withdrawal from some routes, early retirement of aircraft and plans to control costs in engineering, maintenance, ground handling and catering units that he said were necessary to protect profitability and an investment grade credit rating,