This has the potential to increase profits substantially, which could increase employment and so on. On the other hand, the financial costs discussed previously undoubtedly reduced the competitiveness of the Airline, which could reduce its market share, profits, employment and so on. It is uncertain which of these effects will come into the equation for this scenario.
To conclude, the bitter QANTAS Industrial dispute between management and employees had immense and widespread aftereffects on all stakeholders in the nationally significant industries. The conflict, which lasted 10 months as a result of pay disputes and conflict over management policy, involved a number of stakeholders directly but adversely affected a significant proportion more. But the conflict was not all in vain, and the benefits can exceed the costs, if it is (was) effectively consolidated and managed further down the track.
…
