🐂 Not all bull runs are created equal. November’s AI picks include 5 stocks up +20% eachUnlock Stocks

Qantas engineers stop work as union pushes for higher wages

Published 25/10/2024, 09:40 am
© Reuters.  Qantas engineers stop work as union pushes for higher wages
QAN
-

More than 400 Qantas engineers will initiate strike action today, in a move aimed at disrupting the airline's annual general meeting in Hobart, as they press for higher pay and improved working conditions.

The Australian Manufacturing Workers Union (AMWU) national secretary Steve Murphy confirmed that engineers responsible for pre-flight safety checks, ground support and simulators will participate in two sets of four-hour stop works in Sydney, Brisbane, Hobart and Perth.

The airline has assured passengers that the strike will not affect flight schedules.

This industrial action follows the rejection of a 26% pay rise by Qantas’ short-haul pilots and comes two months after flight attendants secured a similar pay increase.

Murphy also revealed that informal talks between the 14 unions representing Qantas employees have considered a whole-of-airline strike, though pilots' unions have not yet been involved. Qantas has denied awareness of such discussions, noting that only a few enterprise bargaining agreements are currently unresolved.

The airline has offered engineers a 26% pay rise over three years, while the engineers are seeking a 45% increase, after a prolonged wage freeze. Despite recent operational improvements, relations with staff remain strained under new chief executive Vanessa Hudson.

Qantas shares hit a record high of $7.96 yesterday, underlining the airline's financial strength despite the ongoing industrial disputes.

Read more on Proactive Investors AU

Disclaimer

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.