Qantas pilots secure 25% pay increase in new deal

Qantas pilots are set to see their pay rise by around 25% over five years under a new agreement, despite an ongoing wage freeze imposed by the airline. The deal represents a significant shift in how short-haul pilots are compensated, as they will now receive pay even when their flights are cancelled.

The agreement comes after a previous offer was rejected by 64% of the airline’s short-haul pilots. This time, 60% of the 750 pilots voted in favour, marking the end of an 18-month negotiation process. While the deal includes no base pay increases for 2023 and 2024, salaries will rise by 9% over the following three years. Pilots will also receive a $5,000 signing bonus and a service credit boost, further improving their overall earnings.

Beyond salary increases, the new contract reduces financial risk for pilots by guaranteeing payments for standby shifts and ensuring they do not lose pay due to schedule disruptions. The minimum guaranteed paid hours per roster cycle will also increase, providing more financial stability.

The deal follows a similar agreement reached by Virgin Australia pilots, which delivered substantial pay increases. With Qantas set to report strong half-yearly profits, the agreement could signal improved relations between management and its pilots. However, its long-term impact on ticket prices and operational costs remains unclear.

Source: The Australian, Simple Flying, UNSW, Mighty Travels, Qantas.