Qantas Airways warned that the looming pilots strike could significantly hamper its operations and result to flight delays or even cancellations in the event that threats of walk-out push through.

A Qantas spokesperson said on Friday that this early, the airline is considering contingency plans in case the strike goes ahead, adding that "it would be extremely disappointing if the pilots were to go ahead with industrial action, and it would have an effect on flights and preferences."

Qantas has admitted that flight disruptions could ensue if the pilot's plan of work-stoppage becomes a reality though the company's spokesperson stressed that "it would depend on the extent of the action."

However, the national carrier has issued assurance that contingency plans are now in the works "to keep an international schedule running and but we're working through all of this."

The Australian and International Pilots Association (AIPA) is currently locked in a pay dispute with Qantas and the negotiation between two parties has been marred by the pilots' accusation that the company is circumventing higher pays for pilots and avoiding employment agreements by using its low-cost subsidiaries Jetstar and Jetconnect.

AIPA is negotiating for a pay deal that the group claims only constitutes a yearly rise of 2.5 percent but Qantas argued that the bigger picture of the union's demands pointed to overall jump of 26 percent over the next three year, which include wages and travel claims.

AIPA president Barry Jackson scored the Qantas management for refusing to talk on pilot's job security in exchange for better flexibility and declared that "we are witnessing the demise of an icon through mismanagement."

Jackson added that Qantas has been dodging the topic of job security for its pilots and pointed out that "there have been no formal discussions to address the claims, management have simply dismissed them with contempt."