I always find it interesting that investor reports and the like always go on about how well QF are managed and that this is a strength of the company. People outside of QF think that GD and the crew are a first class management team and know what they are doing. I am wondering how long it will be until the bubble bursts and things really start falling apart. For a airline like QF to be losing crews is an absolute disgrace from a managers perspective. Up until recently they had most pilots in Australian trying to get a job with them and to now have people going overseas instead is really saying something. QF have some of the cheapest and FREE pilots in the world (remember that Singapore, all Chinese, Cathay Cadets, Emirates Cadets etc etc PAY for the ENTIRE cost of pilot's licenses, whereas pilots come to QF ready to go for zero cost, including the interviewing process)
Or is this just the idea...... offload all the QF crews then replace them with wetleased J* crews?