Originally Posted by
galdian
Apologies if badly phrased.
Just struck me a tad "deckchairs on the titanic" to be discussing the currency/return to flying costs when greater interest should be the size and shape of QF in the future - and how many staff/pilots will be required.
Six months in and AirJapan/Scoot are now deciding to downsize, other airlines will be doing the same as total uncertainty regards international travel volumes in 2021 and onwards.
I think QF will survive - although it doesn't have to, just a company and if the expenses continue to exceed income the cash burn will only stop when no more cash to burn, spending money now that doesn't have to be spent would seem illogical.
Might cost more in the future - but QF have to survive to get to that future.
they have determined, *at this stage*, that a reduction in crew numbers of about 190 plus coming (large) natural attrition will right size them for the future.
thats about a 15% reduction in LH crew numbers to start, bearing in mind we've been short for yonks.
also all remaining crew being stood down only costing leave accrual so about a 90% pay cut thus its easier to justify not making a bunch redundant with associated (substantial) costs.
Many/most(?) Other airlines dont have this option available to them.
thats the current state of play at least.