United Kingdom
United States
Asia Pacific
Dixon and Unions on crash course
According to a report in today’s Financial Review, Qantas CEO Geoff Dixon has written to 2600 pilots over cost cutting initiatives including stopping its payments to their union.
The airline is assuming a cost base with oil prices of US$60 a barrel and plans to cut off the A$500,000 a year it traditionally pays the Australian & International Pilots Association to cover the salaries of its executives, the paper said.
“It’s about productivity and overall efficiency, not just rates of pay. Given our investment profile and the competitive nature of our business, we have no other option,” Dixon said.
Dixon is chasing cost cuts of A$3 billion by 2008 under his “sustainable future” program.
“Flight crew so far have been unaffected by these changes but when just two line items – manpower and fuel – now account for almost 60% of our cost base, there is no option but to accelerate the rate of change,” the letter read.
One can’t help but feel this will trigger a heated reaction from not only the union directly concerned but also others waiting to see where the next blowtorch will be directed.
Graham Muldoon
Tony from Gatto’s Pizza on Columbus’s Unique Pizza Trail
Sophia Hyder Hock on Global Social Inclusion in Tourism
Sustainable Tourism: Don Welsh on Community Values and Global Collaboration
Jane Cunningham: Enhancing European Engagement in Tourism
Kristin Dunne: Navigating Destination Strategy
Revolutionizing Mobile Connectivity: Boris Bijlstra on HUBBY eSIM
Capturing Glasgow’s Vibrancy: An Interview with Susan Deighan, Chief Executive of Glasgow Life
Lebua Hotel & Resorts: Rajan Khurana on Hospitality and Bangkok’s Charms
Sustainable Tourism and Growth: Insights from Chiravadee Khunsub from Tourism Authority of Thailand
Revolutionizing Travel: SmartSIM USA’s Dale Takio Unveils the Power of E Sims
TravelMole Interview with Hishan Singhawansa, Deputy CEO of Cinnamon Hotels & Resorts, Sri Lanka
Unveiling the Essence of Magari Tours: A Dive into Authentic Italian Experiences
EU airports bring back 100ml liquid rule
British Airways passengers endure 11-hour 'flight to nowhere'
CLIA: Anti-cruise demos could cause itinerary changes in Europe
Co-pilot faints, easyJet flight issues ‘red alert’
Gatwick braces for strike