How does Jetstar make a profit from Cadets?
Pete
Cadets are paid at the JFO rate, last time I checked that equates to a difference of $35,397 PA form the Level 1 direct entry FO rate. Multiply that by the current amount of JFO's (74) on the seniority list, this equates to a wage saving of $2,619,318 PA today! Every new JFO that is employed will push this figure up.
There are some big $$ to be saved by employing cadets over direct entry FO's, if Jetstar couldn't make money out of this scheme they wouldn't bother.
Ted