Originally Posted by
Jeps
They are going to have to be speedy Gonzalez if it’s to be up and running when they claim. How many will it attract if you still have to fork out that amount of money, more than you do ordinarily? People are more informed about things these days and the internet provides an awful lot of information in which to make an informed decision. It’s one of the reasons the issue is a global one.
It is a very astute observation, it is a global issue.
Unfortunately for little napoleon intent doesn't put pilots in cockpits.
From the European perspective it was very interesting to see how badly the RYR people read the pilot market.
For decades they have had unlimited supply, every facet of their IR posture is predicated upon it, they speak in European business and aviation forums about it.
Modern airline management very quickly picked up the adversarial approach but not many noticed the obvious flaw in the model: pilot supply.
With large sunk costs on an airline career, and unlimited supply many possible applicants did not see the return on investment.
The internet allows a very quick understanding to be gained adding valuable data points in the decision making matrix.
Qantas is no different to RYR or any other adversarial employer, their system is not designed to be flexible, it doesn't recognise the changed market.
Short of another 'melt down' there is no way that more of the same; high entry costs, low return on investment and suspect career trajectories will attract enough 'suitable' applicants.
The demographic trends will turn their IR models on their head!
Whether 17,000 school kids have put in applications and 16% of females are in the mix what actually translates to Operating Revenue is the ability of the model to put pilots in cockpits.
This model is flawed as the model is still predicated on unlimited supply.
With the small print likely containing very many nasty 'conditions' Caveat Emptor