The Qantas CEO’s arrival at a Melbourne press conference flanked by major union officials has raised questions. The answers to them are complex and nuanced.
appeared at an event in Melbourne flanked by officials from three big unions.
Joyce’s investment in a new Qantas Group Engineering Academy, with capacity to train up to 300 engineers a year, also won the support of the Australian Licensed Aircraft Engineers’ Association, a union noted for its fair share of fights with Joyce over pay.
Fourth, some of these companies employ so many people that their treatment of workers can resonate far beyond the walls of the business, even if only a small percentage are members of unions. The domestic duopolies tend to go through periods of intense competition followed by “rational pricing”, which is happening in the telecommunications sector at the moment.Joyce had his version of that when Virgin, under CEO John Borghetti, and Qantas started a capacity war that ended in one of the biggest losses in Qantas’ history and set Virgin up for administration.
During his career, he navigated a highly cyclical, highly capital-intensive business through at least two global down cycles by working with government and leveraging the strategic importance of his operations. “Unless there is a meaningful shift in ideology and strategy under a new management team, Qantas will never return to the airline it once was. The Spirit of Australia was built by workers who held sought-after careers at Qantas, but those workers are gone and jobs are now lower-paid and insecure,” he said
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