This one should be interesting, if things get real nasty, the engineers and pilots have the ability to cost the company a hell of a lot more than 150m through working to rule, deciding not to fly when one of the 3 avionics systems is down (normally flights often leave with one of the systems or components down) due to safety concerns, or indeed if all skippers start loading maximum fuel for EVERY flight. This would cost the company tens, if not hundreds of millions extra and is not something any of us want to see.
How could anybody running the company put up with this sort of garbage? How could you sit in a room and negotiate around this?
This is a fight to determine whether the company is managed by the management or the unions.
According to an aviation journalist on ABC radio this evening Joyce's salary is determined by performance targets related to SP and the likelihood is that he will earn less next year than this - the so called increases are all performance related.
Qantas sataff should read up on the aviation industry world wide.
QAN Price at posting:
$1.55 Sentiment: Sell Disclosure: Not Held
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