What is this cheaper Asian mentality anyway?
If you compare CX to QF then:-
They pay their Pilots roughly the same
They pay the same Fuel prices
They pay this same Air Nav charges
They pay the same Landing fees
They probably pay similar insurance fees
Their leasing costs would be similar
They pay the same for Catering worldwide
They pay their Australian and Hong Kong ground staff the same.
They get revenue in the same basket of currencies
Ok, so maybe the Engineering costs are a little cheaper in HK
So CX is expanding, 95 new aircraft on order and we make a nice profit nearly every year. You don't see CX managers bleeting on about "the end of the world is coming......."
If you did employ cheap slave labour for Pilots and Cabin crew you mean to tell me that would make the difference and save QF from going down the toilet?? I very much doubt that it would make much difference to the bottom line.
I suggest you outsource your management, we at Cathay Pacific would love to run QF, I'm sure it would do quite nicely.