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Old 16th Oct 2007, 17:29
  #46 (permalink)  
bored
 
Join Date: Feb 2006
Location: US
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A few of you sound a bit worried about foreign pilots coming to oz on special visas to fly......why would they?? The coming pilot shortage in oz and the numbers being quoted are insignificant on a world scale. Just one example is Emirates, they have 108 planes now with 50 coming in next few years and they're expected to announce more orders at the DXB airshow in a couple of weeks for at least 50 more and possibly up to 150. CX have an a/c arriving every month for the next 4 years.
There will be bidding wars between airlines not only to attract more crews but just to retain the ones they have now.
Airlines in oz (jetstar/vb)don't think they have to pay as much as foreign carriers because everyone wants to stay in oz for the lifestyle!
Q: what sort of 'lifestyle' can you afford earning 100K living in any of Australia's capital cities while servicing a mortgage?
A: a very basic one.(ie you're not going to get ahead!) A large correction is imminent.
Any eastern euro will go somewhere like Emirates a: for the cash and b: its closer to home!!
And as for those 90 or so new CPL holders per year, a % of them will head o/s at some point anyway.
Just wait 12 months when V oz start getting their 777's and J*'s 787's start rolling up, there'll be plenty of excitement. Remember, both of those companies are competing for type rated guys from CX, EK and SIA at a time when those 3 airlines are experiencing unprecedented growth. Yes, thats right, they will all be competing for our services now!!!
For the first time probably ever, market forces will significantly push salaries up across the board in the coming years.
Relax.
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