From Trading room.com.au
Qantas Airways Limited ABN 16 009 661 901
Further information and media releases can be found at the Qantas website: qantas.com
QANTAS REACHES AGREEMENT WITH ENGINEERS
SYDNEY, 5 February 2008: Qantas said today that it had reached an ‘in principle’ Enterprise
Bargaining Agreement (EBA) with the Australian Licensed Aircraft Engineers Association (ALAEA).
The new four-year agreement, which will be the subject of a formal vote, covers nearly 1,600 Qantas
Engineering employees.
The Chief Executive Officer of Qantas, Mr Geoff Dixon, said the agreement was important for the
Qantas Group and its employees.
“The agreement has been the subject of intense negotiations in recent weeks and will create a
foundation for jobs growth in Qantas, as well as providing a solid base for aircraft maintenance in
Australia,” Mr Dixon said.
“It will also provide certainty regarding pay and conditions over a four-year period and will provide
Qantas Engineering with the workplace cooperation, flexibility, and efficiencies it needs to meet cost
and competitive pressures.”
Key features of the agreement, which are consistent with those reached with other Qantas unions,
include:
�� an annual wage increase of three per cent, backdated to January 2007;
�� an increase in company superannuation contributions in accumulation funds to no less than 10
per cent, with employees in defined benefit schemes also able to salary sacrifice their employee
contributions; and
�� changes to the number and spread of part-time and casual employees and the lifting of
restrictions on the use of fixed term contract employment.
The agreement also covers a range of issues related to Qantas Engineering’s heavy maintenance
operations, including greater roster flexibility at key heavy maintenance bases.
Issued by Qantas Corporate Communication (3716)
Media Enquiries: Lloyd Quartermaine T: 02 9691 4058