Qantas Resumes Flights as Government Intervenes in Strikes
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Qantas Airways Ltd. resumed flights today after Australia’s biggest carrier grounded its fleet two days ago, stranding about 80,000 passengers, in a bid to force an end to labor union strikes.
The airline rose to the highest in almost two months after the nation’s industrial-relations regulator ordered an end to the strikes over pay and job security that Chief Executive Officer Alan Joyce said had cost Qantas A$68 million ($72 million) and caused a plunge in bookings.