HLO 4.35% $2.20 helloworld travel limited

just catching up with the news; Airtraffic controllers strike....

  1. 5,802 Posts.
    lightbulb Created with Sketch. 544
    just catching up with the news;
    Airtraffic controllers strike. Travel stocks down across the board. The report was good.

    Air traffic controllers vote ‘yes’ to industrial action for the first time in over 20 years



    How AI Is Transforming Air-Traffic-Control Towers

    Hidden in the base of Heathrow's control tower lies a development lab where high definition cameras and machine


    Air traffic controllers have voted overwhelmingly in favour of industrial action for the first timein more than 20-years, paving the way for significant disruption of air travel.

    A total of 825 out of 862 eligible voters had a say in the protection industrial action ballot, with 96 per cent voting yes.

    It’s yet to be confirmed what form the industrial action will take, but the air traffic controllers’ union, Civil Air, must give Airservices Australia seven working days’ notice of any strikes.

    Civil Air secretary Peter McGuane said members were unhappy with a new enterprise agreement offer which failed to address their concerns around staffing, culture and superannuation benefits.

    He said they were remained hopeful industrial action would not be necessary, with a further meeting with Airservices scheduled for Friday.

    “We’re certainly hopeful, and that’s how we’re approaching the meeting tomorrow,” said Mr McGuane.

    READ MORE:Why Western Sydney Airport will be tower free|Pilots slam chronic shortage of air traffic controllers|Air traffic control staffing crisis deepens|

    Air traffic controllers voted on 28 different alternatives for industrial action, including two, four, eight, 12 and 24 hour stoppages, non-performance of overtime and a training ban.

    All options were supported.

    Anywithdrawal of services by air traffic controllerswould have a significant impact on airport operations, and cause widespread flight delays and cancellations.

    An Airservices Australia spokesman said air traffic controllers had been offered an 11.2 per cent pay rise over three years worth a total of $78m, plus the retention of all current conditions.

 
watchlist Created with Sketch. Add HLO (ASX) to my watchlist
(20min delay)
Last
$2.20
Change
-0.100(4.35%)
Mkt cap ! $354.1M
Open High Low Value Volume
$2.29 $2.30 $2.20 $1.173M 524.6K

Buyers (Bids)

No. Vol. Price($)
5 8687 $2.20
 

Sellers (Offers)

Price($) Vol. No.
$2.21 6548 1
View Market Depth
Last trade - 16.10pm 24/06/2024 (20 minute delay) ?
HLO (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.