Originally Posted by
130herc
One does wonder, looking at his post history, how much JB's being paid to do this.
Probably less than the pilots though, considering how bitter he seems to be.
Devoid of fact, full of vitriol is a badge worn with pride in airline administrative facilities worldwide.
Interestingly Justin, the AFAP agreement with Commissioner Cribb's stamp was dated
21 April 2015.
That is almost four years ago.
Qantas hadn't been 'transformed' as Little Napoleon's options hadn't vested.
- There was no pilot academy, We note that it has no facility, no aircraft, no instructors and is yet to turn out an 'airline ready product'
- Their Network Aviation skilled shortage visa that the Stream Lead and others beaver away on (pun intended) is under subscribed, despite substantial signing bonuses (hint: far more than Network publicly detail)
- Sources suggest the pilot retirement rates, as they are here in Europe and in the USA are catching them out. Particularly those pilots well short of 'expected retirement' dates, simply walking away.
Qantas leading from the rear, as Little Napoleon excels at, although dollars short and years late, is determined to control supply at a 'price' they grew accustomed to. They spend an enormous amount of time in Canberra Justin. Unfortunately, the rather large and growing realisation is that the market and industry moved on and a shortage is well established.
There are few laws in economics that actually hold Justin. One that does however is that to
attract (induce additional )supply to match demand, price must increase.
Even hedge funds are looking at airline demographics and assessing retirement, retention and recruitment policies. For lack of pilots is a big problem, as generally the theory goes, that without pilots operating revenue drops close to zero. The open interest on the short side is an interesting metric to watch.
So before you dismiss the attempts to increase the input price Justin, it may be of more worth to sit back, do some reading and see what happens.
Just in case the Campus lacks external access to the internet, or indeed it filters results, here are a few articles you can read to update your information.
https://www.abc.net.au/news/2018-07-...bites/10012624
https://www.forbes.com/sites/marisag.../#ea95cdb15492
https://www.businessinsider.com.au/airlines-pilot-shortage-cancelled-routes-2018-8?r=US&IR=T