Originally Posted by
Australopithecus
The entire pilot cost thing is idealogical, and illogical at that. Someone’s mega bonus is going to be a hefty percentage of whatever pilot costs are saved. Any efficiency or cost give-aways should always have a nullification clause triggered by any exec bonus or remuneration increase.
Earlier this year Joyce was bragging about pilot costs 50% lower than the US competitors. That’s under the existing contract.
Yes they are.
Aggregate industry data (landed seat cost) places QF very favourably, seeing them, (prior to the "concessions" given under the B787 "negotiation") better than 50 percentile.
As the S&P forecaster, Graham Ferguson, suggests, it's pretty rich to hinge a "business case" on such a small element of operating cost (and completely disingenuous)
With respect to the bonuses payable if they successfully sell it to the pilots, one might posit a former union President will be rewarded with his ten pieces of silver.
Likely the DFO and his "deputy" too.
Cui Bono