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THE BIZNOB – Global Business & Financial News – A Business Journal – Focus On Business Leaders, Technology – Enterpeneurship – Finance – Economy – Politics & LifestyleTHE BIZNOB – Global Business & Financial News – A Business Journal – Focus On Business Leaders, Technology – Enterpeneurship – Finance – Economy – Politics & Lifestyle

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Virgin Australia averts strikes with cabin crew pay deal

Travelers stand at a Virgin Australia Airlines counter at Kingsford Smith International Airport, in Sydney, Australia, March 18, 2020. REUTERS/Loren Elliott
Travelers stand at a Virgin Australia Airlines counter at Kingsford Smith International Airport, in ... Travelers stand at a Virgin Australia Airlines counter at Kingsford Smith International Airport, in Sydney, Australia, March 18, 2020. REUTERS/Loren Elliott
Travelers stand at a Virgin Australia Airlines counter at Kingsford Smith International Airport, in Sydney, Australia, March 18, 2020. REUTERS/Loren Elliott
Travelers stand at a Virgin Australia Airlines counter at Kingsford Smith International Airport, in ... Travelers stand at a Virgin Australia Airlines counter at Kingsford Smith International Airport, in Sydney, Australia, March 18, 2020. REUTERS/Loren Elliott

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According to a statement released by the airline on Thursday, Virgin Australia has reached a salary agreement with unions that had called for strikes before the hectic travel season’s end.

According to a statement released by Virgin Australia, an employee’s skill level and length of service will determine whether or not they are eligible for a wage rise of 15% or more over three years.

“The overall cost of this agreement is in line with the agreements we have reached with other work groups,” according to the press release.

The Flight Attendant’s Association of Australia (FAAA) and the Transport Workers Union of Australia (TWU) participated in the Cabin Crew Enterprise Agreement negotiation process.

According to announcements released by the Transportation Workers Union (TWU) and the Federal Aviation Administration (FAAA), virgin cabin crew members voted in favor of 24-hour stoppages earlier this month.

In October, Virgin Australia, which Bain Capital owns, said it had returned to a profit for the first time in eleven years for the fiscal year 2023. Following the COVID-19 epidemic, there was a significant increase in travel demand, which encouraged this.

The fact that protected industrial action won’t be required gives everyone a sense of relaxation, especially now that the busy season has arrived. The TWU stated that “good, secure jobs are the answer to rebuilding aviation.”


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