Qantas Airways Strike

Qantas Airways Limited said Monday its half-year profit is likely to slide as much as two-thirds due to strikes and high jet fuel prices.

An Australian court early Monday ended the strikes and employee lockout that had abruptly grounded Qantas Airways and stranded tens of thousands of passengers worldwide, and the airline said it could fly again by afternoon if regulators approve.

Qantas Airways grounded all of its aircraft around the world indefinitely on Saturday due to ongoing strikes by its workers. The Australian carrier's entire fleet of 108 aircraft will remain grounded until unions representing pilots, mechanics and other ground staff reach an agreement with the airline over pay and conditions, Qantas chief executive...

Qantas Airways Limited said Monday its half-year profit is likely to slide as much as two-thirds due to strikes and high jet fuel prices.

An Australian court early Monday ended the strikes and employee lockout that had abruptly grounded Qantas Airways and stranded tens of thousands of passengers worldwide, and the airline said it could fly again by afternoon if regulators approve.

Qantas Airways grounded all of its aircraft around the world indefinitely on Saturday due to ongoing strikes by its workers. The Australian carrier's entire fleet of 108 aircraft will remain grounded until unions representing pilots, mechanics and other ground staff reach an agreement with the airline over pay and conditions, Qantas chief executive...