PPRuNe Forums - View Single Post - Alternatives to redundancies ?
View Single Post
Old 28th October 2001 | 17:57
  #12 (permalink)  
P.Pilcher
 
Joined: Jul 2001
Posts: 805
Likes: 0
From: U.K.
Post

The saddest thing is the fact that capital servicing costs never seem to be reduced: BMI have declared the inevitable redundancies in their workforce (as it is fashionable to do this at the moment), but I understand that several brand new Fokker 100's are shortly to be delivered. They are to be parked at East Midlands and mothballed. The savings made by all the redundancies will be a mere pinprick in the cost of servicing (i.e. paying the interest on) the capital tied up in these brand new jets, but then the bean counters approve servicing assets as opposed to paying out money to staff that are temporarily not required. I suppose the saddest thing is that a pilots, who are very highly specialised can only get a job where they can earn what they are worth in a very few organisations. A beancounter can do this in any organisation employing people in the country.
P.Pilcher is offline