The grounding of all Tiger Airways fleet has been good for Qantas Airways (ASX:QAN) in more ways than one.
Engineers have postponed planned industrial action at major airports this week until next week, at the request of the airline.
The Australian Licensed Aircraft Engineers Association’s (ALAEA) secretary, Steve Purvinas, said engineers support the Civil Aviation Safety Authority’s (CASA) decision to ground Tiger planes, and a strike wouldn’t be appropriate given the timing of the grounding, during school holidays.
Qantas CEO Alan Joyce says the airline is doing its bit to ease the burden on passengers.
For the last six months of 2010, Qantas (ASX:QAN) reported a profit of $239 million.
