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Alan Joyce, chief executive of the airline, said the measures were starting to have an impact on the airline's earnings.
BBC: Qantas: Boeing compensation boosts first-half earnings
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Group CEO Alan Joyce revealed the airline was reviewing its maintenance facilities in Australia and consolidating its catering and engineering operations.
CNN: Qantas predicts huge profit slump
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"We see tremendous potential for the Qantas Group in Asia and we are looking forward to working more closely with China Eastern Airlines to deliver on it, " Alan Joyce, Qantas' chief executive officer said.
BBC: Qantas and China Eastern plan low-cost carrier
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Qantas Chief Executive Alan Joyce said Friday he expects competition to remain fierce in the fiscal second-half ending June 30 as more seats are added, though the situation should improve through the next financial year.
WSJ: Qantas Sees Boost From Easing Price War
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"We are in a good position to reduce capital expenditure, targeting investment at business areas that deliver sustainable returns while maintaining flexibility in forward fleet commitments, " Alan Joyce, chief executive of Qantas said in a statement.
BBC: Qantas delays plane deliveries amid fresh spending cuts
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Ridley's nine-year-old daughter, Daisy, is being cared for by her grandparents, Alan and Joyce Ridley, at their home in West Pelton, County Durham, north-east England.
CNN: Taliban detain UK journalist
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The 200-seat theatre has hosted figures from Georgian star Edmund Kean to Dame Sybil Thorndike, Joyce Grenfell and Alan Bennett.
BBC: Appeal to save Richmond's historic Georgian Theatre Royal