Virgin headed for another disaster, warns REX boss

Original article by Tony Boyd
The Australian Financial Review – Page: 13 & 16 : 7-May-20

Regional Express’s executive chairman Lim Kim Hai says the administrator of Virgin Australia seems to merely want a quick sale of the airline. However, Lim says Deloitte’s Vaughan Strawbridge should pursue a complete restructure of Virgin, otherwise it will face more financial problems under new owners. Lim argues that amongst other things, Virgin’s "restrictive and punitive" enterprise bargaining agreements need to be rewritten, although he concedes that unions will ensure that this does not happen.

CORPORATES
VIRGIN AUSTRALIA HOLDINGS LIMITED – ASX VAH, DELOITTE TOUCHE TOHMATSU LIMITED, REGIONAL EXPRESS AIRLINES, REGIONAL EXPRESS HOLDINGS LIMITED – ASX REX

ACTU goes after Qantas over bonus

Original article by David Marin-Guzman
The Australian Financial Review – Page: 8 : 24-Jun-19

The ACTU will lodge legal action against Qantas in the Fair Work Commission on 24 June over its payment of employee bonuses. The ACTU will allege that the airline is discriminating against employees on collective agreements, in that it will only pay a $2,000 bonus once employees sign on to Qantas-endorsed enterprise agreements; the ACTU notes that some collective agreements do not expire until late 2020. Former Qantas chairman Leigh Clifford noted at its 2018 AGM that the same conditions applied to its last three bonuses.

CORPORATES
ACTU, QANTAS AIRWAYS LIMITED – ASX QAN, AUSTRALIA. FAIR WORK COMMISSION

Qantas workers to vote on EBA

Original article by Steve Creedy
The Australian – Page: 17 : 14-Jan-15

Qantas Airways has informed the market that a new enterprise bargaining agreement (EBA) has been approved by 130 staff after negotiations with the United Voice union. A majority of 61% voted for the deal, which includes a moratorium on wage rises for 1.5 years. However a far larger number of employees, represented by the Transport Workers Union (TWU), will vote on their EBA in February 2015. The TWU has been very vocal in the past in its criticism of Qantas CEO Alan Joyce, but has agreed to a similar wage freeze to be followed by increases of 3% per annum

CORPORATES
QANTAS AIRWAYS LIMITED – ASX QAN, TRANSPORT WORKERS’ UNION, UNITED VOICE