Crisis, what crisis?
Does anyone really think airline owners and senior managers didn’t see this pilot shortage looming? Of course they did – its what they do - i.e to forecast/ predict and plan future trends
Spot on, I suspect they have know about this for quite some time.
Further, there cannot be a 'crisis' for a listed company without an appropriate filing with the ASX or in the annual report. I haven't seen 'pilot shortage' reported as a material risk for QAN. There cannot be a 'crisis' until that threshold is crossed. This is simply trying to gouge the taxpayer & pilots simultaneously.
Last edited by freddyKrueger; 20th Oct 2007 at 06:09.