Qantas shares soar 5.5% as labour dispute ended

Stranded Qantas passengers queue at the check-in counter in Singapore's Changi International Airport on October 31, 2011.

Qantas Airways' share price leapt 5.5 percent Monday after an industrial tribunal ordered an end to a bitter labour row that led to the grounding of the Australian airline's entire fleet.

The airline's share price was at Aus$1.625 (US$1.84) in mid-morning trade, up from $1.54 on Friday, after Australia's workplace regulator ordered the airline and unions to terminate all industrial action completely

AFP

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