This ruling confirms my private belief that FWA would not touch FTL's as they are far out of their area of expertise. The FRMS ruling has the same effect.
The message from FWA, as others have stated is clear, don't go down this route expecting far reaching changes. Sort it out yourselves.
Qantas management achieved it's aim of stopping the "slow burn". They must count that against the ongoing cost of the shutdown and lockout in terms of public cynicism and employee disengagement.
In the short term it is probably a win but, typical of that short-termism we see that it leaves them with no wiggle room for the looming next negotiation. By their actions they have cemented into the public consciousness that a threat of industrial action at Qantas means a shutdown. The Qantas unions would have taken note.
Going to FWA holds no terrors for the unions now; the judgements given are blancmange and fall remarkably short of the industrial Armageddon that was feared.
To my mind the message for Qantas is, you probably won this battle but the war will go on unless you learn to value your employees.