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Old 13th Oct 2022, 01:05
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RealSatoshi
 
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Qantas shares surge as it forecasts stronger-than-expected first-half profit

The strong rebound in travel, combined with rising inflation, has led to threats of industrial action by some unionised staff because the airline was offering a two-year wage freeze followed by two years of 2% pay rises in its latest round of agreements.

Qantas said on Thursday it would increase the offer to a 3% increase after the wage freeze, at a cost of A$40 million a year. It is also offering bonuses worth around A$10,000 per employee - Reuters (13 October 2022)
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