High Court Of Australia Rules Against Qantas Airways Over Firing Workers During COVID-19 Pandemic
Portfolio Pulse from Akanksha Bakshi
The High Court of Australia ruled that Qantas Airways Ltd (OTC:QABSY) violated the law when it terminated the employment of 1,700 ground staff members and replaced them with contracted workers during the COVID-19 pandemic. The court stated that Qantas violated industrial law as it undermined the unionized employees' rights to engage in industrial action and collectively bargain. The ruling follows public outrage against the airline, leading to its CEO's early retirement after an antitrust lawsuit accused the airline of selling tickets for canceled flights.
September 13, 2023 | 12:02 pm
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Qantas Airways Ltd (OTC:QABSY) has been ruled against by the High Court of Australia for violating industrial law during the COVID-19 pandemic. This ruling, along with public outrage and an antitrust lawsuit, led to the early retirement of the airline's CEO.
The High Court's ruling against Qantas Airways for violating industrial law is a significant legal setback for the company. This, coupled with the public outrage and an antitrust lawsuit, has led to the early retirement of the airline's CEO. These events could negatively impact the company's reputation and investor confidence, potentially leading to a decrease in its stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100