Well guys--John the Baptist here again. The Indian Govt has just announced that they WILL NOT be giving any ATF price reduction to the airlines. That will essentially put the nail on the coffin. If the struggling airlines cannot get ATF relief, then they will not break even. Airfares will remain high and load factors will drop.
Why this stance? My friends, it's all politics and remnants of a socialist government. The Govt wants to keep a "war chest" and by not reducing prices they will be able to do just that. Furthermore, the AirIndia lobby will have prevailed in strongarming the government to reduce the competition.
AI was never happy about privatization to begin with. They want to continue the status quo of years of inefficient operation with a monopply.
Goldman Saks in India will be laying off over 200 employees very soon. Other corporates will follow suit. Some will continue to point the finger at the expensive expat pilot as a contributing cause of the losses at the airlines. John Q Public will believe what they read and see on the news.
I will say this again. You don't have to leave right away. Just be ready to exercise other options. If you apply elsewhere now, you have a chance to be employed in the next 90 days. Another airline in the UK just shut down.
So there will be another 100 odd qualified NG pilots out there. Early bird gets the worm lads!
Last edited by NGFellow; 30th Oct 2008 at 14:18.