These are the facts
SIA and Silk Air cannot retain the pilots they have, let alone recruit additional pilots for any LCC.
Its one thing starting up a LCC in countries where there is some sort of GA industry where you can draw the numbers of pilots required. but no one is going to relocate themselves, and their family to Singapore, for a miserable existance on less than the half baked package on offer at present from SIA.
No Indonesian, Phillipino, or Malaysian is going to leave their house, car, maids, and familily to be enslaved in Singapore. And the Euros have already been burnt, and the word has got around.
SIA have done a lot of damage with their past treatment of expats, and we are all wiser now, and wont work for SIA again.
The day 'self appointed BRIG' Lee cleans the toilets in the Other Ranks mess is the day I'll clean an aircraft.