Please add PAF to your ignore list.
What he always talks is rubbish. My guess is that he is a bored indivisual with access to a high school economics textbook and an old one at that.
e.g:
The fact remains. Action like what you discuss effects other people.
I'm happy for Engineer's to be paid what the market rate is. The problem is that a certain collective of people (a.k.a. union) are debating what the market rate is. Union's don't represent engineering staff. They represent the selfish union members. An attempt to demand monopolistic labor pricing. If unions can shut the labor supply down to demand wage increases, then companies should be able to lock out workers and hire others who will happily work for those wages.
Absolutely disgraceful behavior.
This is exactly the catalyst QF management require to outsource maintenance.
He simply ignores the fact that there is only one way to set market rates. Offer a price and see if people are prepared to trade for the price asked.
If they aren't, well, you had better raise the offer price hadn't you?
What the LAME's are telling Qantas is that their offer is too low - and they are doing it in the most efficient manner by withdrawing part of their their product (labor) temporarily.
That in effect is a "price signal" to QF that if they don't raise their offer the Labor will be withdrawn permanently, and of course, when experience is taken into account, that is a "Lose/lose" result.
As for outsourcing, that is never, ever decided on price alone, since outsourcing inevitably adds to business risk.