He is entitled to ground the airline. If the board didn't like it, they'll sack him. If the shareholders didn't like it, they'll sack the board.
Probably why it was decided to ground the airline the day after the AGM to give time for their plan to work. It is my view the board and AJ preplanned the lockout at this time so as not to involve it's share holders. The market last week betting that the dispute would be resolved, it's not, hence the share heading south again. If the institutional shareholders had a sniff that there would be a grounding it is possible they may have agreed. Now there is a very strong possibility many may feel a little cheated.
Incorrect there is no such prescription. Maybe there should be but there isn't. It is but one of the flaws in the FWA legislation.
I agree clotted, spot on, you make a very good point. At the end of the day, pilots are pilots not lawyers.
The whole FWA thing is a lawyers fest, with the worker left to ponder at their mercy. It is a bloody big mess created by lawyers for lawyers guaranteeing that the workers come off second best.
Qantas have the cash to pay for the advice from the likes of Freehills the unions have far less resources to compete, it all comes down to cash reserves, other words corporate resources v the little guy.