PPRuNe Forums - View Single Post - Third Airline Imminent (Alan Kohler)must read
Old 7th Jun 2002, 01:15
  #72 (permalink)  
headset
 
Join Date: Jan 2001
Location: SE Asia
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Wirraway, you said that it doesn't matter who starts up as long as there are jobs. You are partly correct. Jobs are one item but the correct remenueration is another.

The VB guys are already lowly paid, and if another entrant comes in, you can bet they will want to lower the salaries once again. And there will be no lack of guys that will take up the offer. These guys will be from both offshore and locally recruited. Many will have little or no jet time.

Problem is that lower salaries are not linked to higher profits or company survival. In the long run they do however provide a bumpy ride for all concenred.

Look at the past list of wannabeees and see if I am correct.
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