Qantas strikes a deal with pilots that freezes their pay for 18 months. After this, there will be a 3% pay rise. This deal comes after a lot of negotiation and follows a major restructure that includes 5000 job cuts. This frees up some money for Qantas to buy Dreamliners for its long haul flights.
The new agreement helps build the case for future investment in new aircraft for Qantas International,