Three weeks of fruitless negotiations between Qantas and three of its employee unions have forced the government’s workplace labor tribunal to arbitrate new labor agreements. The Australian flag carrier has warned that the dispute could result in a dip in its profits for the last six months of 2011 of up to 66 percent.
Qantas Airways resumed revenue flights today after abruptly shutting down operations on Saturday in an effort to squelch labor unrest among its various work groups. The first flight took off from Sydney to Jakarta at around 3:40 p.m. Sydney time, shortly after the Civil Aviation Safety Authority of Australia issued its authorization on Monday afternoon. The flight stoppage disrupted the travel plans of close to 80,000 Qantas customers.