Not a professor of maths obviously.
My main point is that a 25% saving in pilot costs is totally ridiculous, in order to achieve that you would have a fight which would literally rip the airline apart, so the savings would be eclipsed by the Billions of dollars worth of brand damage and many millions in lost revenue. If every 1% change in Load Factor is about $200 Million can you be sure that a fight with your pilots is not going to turn away a few %? Very expensive, risky and stupid, particularly if they only get marginal savings which is much more likely then 25% don't you think?
Why do they bother? This is not a fight worth having, I'm certain of it.
Regarding offshoring, if Qantas sets up a new airline in Asia it will have its own AOC in the country where it is based, which means the aircraft will be registered there which means that the pilots will be licensed and based there. What is the point otherwise?
What Asian country is going to let a new airline set up but be licensed controlled and registered in a foreign jurisdiction?
Qantasia will start doing Asian flying but soon after they will "Compete for capital" with mainline and we all know what that means, all new equipment to Asia and soon they fly into Australia and take over almost all international flying, just like Jetconnect did on the tasman.
Is Jetconnect on an Aussie AOC? Are the planes registered in OZ? Are the pilots Aussie? No, No and Not many.
But you ask why would the standards be lower? Do you not get it?
This airline will be no more attractive then any dodgy asian airline looking for cheap pilots. No Australian base means they would not be a magnet for Aussie pilots, in fact the reverse, if they do this they will be seen as the Tighta#$e
Pr&^ks that they are. Anyone with any clue will be going to Emirates or Cathay over Qantasia.
But the most important thing here is that Qantasia will be a disaster because it will be seen for what it is, a cynical offshoring of Qantas. It will have no brand credibility in Asia and, worse, it will destroy the brand in Australia which means that the cash cow domestic business is stuffed.
Does the board work for Virgin Australia?