Yes
Australian pilots historically have failed to do research, and have trained in droves for a few available jobs. They did it to GA, and now they are doing it to airlines.
The end result is a chronic oversupply, and erosion of salaries, starting before 89.
Will it turn around? It hasn't yet. The demand has increased, but the erosion seems to be continuing, and it seems there are still surplus pilots. Just not as many as they are used to. Some fixes are in place and more are gearing up.
The pilot group are still speculating. I see no solid research into future supply and demand.
Last edited by bushy; 11th Nov 2007 at 02:20.