QAN 0.40% $6.28 qantas airways limited

qantas workers back down

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    May 15, 2008
    QANTAS engineers have backed down from planned industrial action, indicating they will accept a smaller increase in their wage demand.

    ACTU president Sharan Burrow has asked the union to call off its four-hour stop-work meeting planned for tomorrow afternoon, which would have caused Qantas to cancel a number of domestic flights.

    She said the engineers would be willing to accept a rise somewhere in between the 5 per cent they demanded and the 3 per cent Qantas had continued to offer over the previous 18 months of failed wage negotiations.

    - More to follow
 
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