• Investing
  • Stock
  • Editor’s Pick
  • Economy
The Significant Deals
Stock

Australia’s Qantas says engineer strike not expected to impact customers

by October 24, 2024
written by October 24, 2024

(Reuters) – Australia’s flag carrier Qantas Airways said on Friday it does not expect an impact on customers from a strike planned by some of its engineering work groups ahead of the annual general meeting scheduled for later in the day.

The Qantas Engineers’ Alliance — comprising the Australian Manufacturing Workers’ Union, The Australian Workers’ Union and Electrical Trades Union — has been on strike since late-September, demanding a 5% annual pay rise and a 15% first-year payment.

The carrier had a “number of meetings” with the unions prior to the industrial action, with an aim to reach an agreement that includes pay rises and other benefits, a Qantas spokesperson said in a statement.

“We want to continue to engage with them to find a way forward, but they have chosen to take action,” the spokesperson said.

This post appeared first on investing.com
0 comment
0
FacebookTwitterPinterestEmail

previous post
Earnings call: Ladder Capital reports solid Q3 with optimistic outlook
next post
Australia’s Qantas lifts domestic revenue estimates, lowers fuel cost forecast

You may also like

BASF results down on impairments, restructuring

January 27, 2025

European chipmakers slump as traders gauge DeepSeek AI...

January 27, 2025

Nasdaq futures tumble as China’s AI push rattles...

January 27, 2025

China Vanke’s CEO, chairman resign amid growing liquidity...

January 27, 2025

Fuji Media, rocked by sexual misconduct allegations, says...

January 27, 2025

Italy’s MPS shares fall ahead of Mediobanca board...

January 27, 2025

British Land stock drops following stake sale

January 27, 2025

UMG shares rally after new multi-year pact with...

January 27, 2025

BASF shares indicated 3% lower as impairments drag...

January 27, 2025

Lawyer group urges overhaul of US bank charter...

January 27, 2025
Fill Out & Get More Relevant News








    Stay ahead of the market and unlock exclusive trading insights & timely news. We value your privacy - your information is secure, and you can unsubscribe anytime. Gain an edge with hand-picked trading opportunities, stay informed with market-moving updates, and learn from expert tips & strategies.

    Recent Posts

    • Divided Fed proposes rule to ease capital requirements for big Wall Street banks

      June 26, 2025
    • Women’s Tennis Association extends media rights deal with Tennis Channel through 2032

      June 26, 2025
    • Bumble shares jump 26% as dating company plans to axe 30% of workforce

      June 26, 2025
    • Small-business AI use is lagging, but one firm is channeling Sherlock Holmes and knocking out ‘grunt work’

      June 25, 2025

    Categories

    • Economy (245)
    • Editor's Pick (3,646)
    • Investing (534)
    • Stock (6,426)

    Latest News

    • Divided Fed proposes rule to ease capital requirements for big Wall Street banks
    • Women’s Tennis Association extends media rights deal with Tennis Channel through 2032

    Popular News

    • Explainer-How China could retaliate against new US chip curbs
    • Marathon Petroleum earnings beat by $0.83, revenue topped estimates

    About The Significant deals

    • Privacy Policy
    • Terms & Conditions

    Copyright © 2025 thesignificantdeals.com | All Rights Reserved

    The Significant Deals
    • Investing
    • Stock
    • Editor’s Pick
    • Economy