Qantas Labor Strikes Damaging Airline’s Future, CEO Joyce Says
Soraya Permatasari | Bloomberg Businessweek
October 16, 2011
Oct. 17 (Bloomberg) — Qantas Airways Ltd. is being damaged by strikes that have forced the grounding of aircraft and the cutting of 400 domestic flights for the next month, Chief Executive Officer Alan Joyce said.
The Sydney-based airline’s engineering, long-haul-pilot and ground crew unions have held work stoppages, used in-flight address systems to criticize Qantas and banned overtime as they seek higher pay and job security clauses in contracts. The Australian and International Pilots Association said yesterday Qantas management has halted talks with the union.
“These three unions are sticking by unrealistic, outdated demands that are going to be damaging to the future of the company,” Joyce said in an interview on Sky News yesterday. “We don’t see this getting better anytime soon. If anything, this is getting worse.”
Read more @ Businessweek.