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Old 23rd Sep 2005, 22:03
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QFinsider
 
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Our aging population, the broad view

Just something for all the pilots out there, hoping that there is some light at the end of the tunnel and it isnt a frieght train!

Whilst the airlines maintain that there is an oversupply of pilots, which may be true, the pendulum is beginning to swing.
The ABS has a myriad of statistics, but in effect our beloved baby boomers will in the next few years move from the workforce.

In an area like aviation, with mandatory retirement due to a host of reasons we will see better days.

Look at ATC, look at the medical profession they are beginning to struggle. India has already began sourcing ex pat pilots as they will not be able to provide them internally. Wait until China comes on stream. Any industry where specialists are, will face shortages as lead time for training impacts on the ability to put the people where needed. There is an arguement that the economic axis of the world will shift China/India, we are well placed.

QF know they will struggle to promote sufficient to meet fleet requirements inside the next 10 years. Of course they will not say that, keeping people on hold etc etc!
Every company knows specialist skills will be hard to find.

To the young person out there in GA, stick with it.

In the context of the EBA vote, all the scaremongering in the world won't convince me that the pendulum isn't swinging!

Qantas retirement rates WILL accelerate in the next 5 years!
Even a static company will provide promotion opportunites.

VOTE NO

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