This report is factual except for the fact that most expat pilots man the B 777 & A 330 widebody fleets, though they are also on the B 737 & ATRs. In fact 35 more expats are being retrenched from Jan 09.
Besides the recession, increase in fuel prices (now back at US53$ a barrel) and an over ambitious expansion plan, bad management policies are responsible for its present state. Will take time to go from doom to boom again!
Aeronotix.
management is ok,
well its bad time.