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Australia’s largest domestic and international airline Qantas (ASX: QAN) is facing troubled times ahead as 1,000 of its staff prepare to potentially go on strike in the midst of failed negotiations over a 12% pay rise.
Qantas' one time bonus offer for staff to accept a pay deal that includes a 2-year wage freeze then a 2 per cent annual pay bump, has failed with engineers.
More than 1,000 Qantas and Jetstar engineers have threatened to strike, demanding a massive 12 per cent pay rise.
Qantas’ offer of a one-off $5000 bonus has failed to placate engineers, who could walk off the job in a matter of weeks pending a vote on industrial action.
More than 1500 licensed engineers at Qantas will vote on leaving the door open to industrial action as pay negotiations break down.