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Australia's Qantas to pay $76 million to former employees

Qantas Airways reached a A$120 million settlement with the TWU for former ground workers fired in 2020, with funds distributed by early 2025.

investing.com • 17/12/2024 - 06:25 AM

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Australia's Qantas says engineer strike not expected to impact customers

Qantas Airways downplays potential customer impact from planned engineering strikes over pay demands, with unions arguing for fair compensation as workers escalate industrial action.

investing.com • 24/10/2024 - 22:18 PM

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Australia's Qantas lifts domestic revenue estimates, lowers fuel cost forecast

Qantas Airways raises revenue expectations for domestic operations, forecasts lower fuel costs, and reports strong demand amidst efforts to rebuild its reputation.

investing.com • 24/10/2024 - 21:55 PM

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Australia's Qantas hits record high as Jefferies lifts price target

Qantas Airways shares hit an all-time high following Jefferies' price target increase due to low fuel costs and strong demand, anticipating dividends and robust earnings.

investing.com • 23/10/2024 - 01:33 AM

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Australia's Qantas told to pay $114,000 to 3 sacked workers in landmark outsourcing case

A court ordered Qantas Airways to pay A$170,000 to three unlawfully sacked baggage handlers, impacting a lawsuit regarding damages for around 1,700 former workers.

investing.com • 21/10/2024 - 01:58 AM

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Australian pilots union rejects Qantas Airways' wage proposal

The Australian pilots union rejected a Qantas wage proposal, citing a two-year wage freeze as unreasonable given the airline's high profits. Potential negotiations may escalate.

investing.com • 01/10/2024 - 07:37 AM

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Australia's Qantas says rolling engineer strikes not expected to disrupt flights

Qantas faces maintenance strikes demanding pay rises but expects no flight disruptions. The airline aims to restore its reputation due to past controversies.

investing.com • 26/09/2024 - 03:42 AM

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Qantas profits dip as fares fall, announces further share buy-back

Qantas Airways reported a 16% profit drop, announced an additional share buyback without dividends, and made efforts to improve employee relations and operational performance.

investing.com • 28/08/2024 - 22:34 PM

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