Business
Virgin’s new owners Bain set to savage pilots’ pay – Sydney Morning Herald
Bain’s move to cut pilots’ pay and conditions will put pressure on Qantas’s Alan Joyce who will have to compete with much higher staff costs.
Virgin has already given the Virgin pilots union the broad brushstrokes of the pay and conditions issues it is seeking to address but little quantitative detail as negotiations on a new enterprise bargaining agreement are still in the early stages.
It has been estimated that the cuts in pay and conditions being sought run as high as an equivalent of 40 per cent but Virgin maintains this estimate is too high.
It’s the thunderbolt that many in the industry had been waiting for but the savageness…
-
Noosa News5 hours agoMan charged over allegedly abandoning Arnie the German shepherd in car after claiming dog and vehicle were stolen
-
Noosa News6 hours agoMotorcyclist dies in crash with truck
-
Noosa News21 hours agoPolice officer who tracked Toyah Cordingley’s phone gives evidence at Rajwinder Singh’s murder trial
-
General21 hours agoARIA Awards 2025 winners: Amyl & The Sniffers and Ninajirachi dominate