i agree pilots are expensive to train. qf pilots possibly have had more than many others. lots of $ for sure.
dont agree however that pilots are an asset on a spreadsheet. they are a dime a dozen. they even pay for their own training if you need one.
regardless of whats happened before, the pilots you have now are only worth what you can get the next one for.
which aint much if you take the box ticking approach to satisfy casa.
That is exactly why you need competent management who are able to assess and appreciate the value of these assets!
Otherwise, the flipside of your argument is that QF have a management who are saying that "Hey look, we've got a training department that costs a lot of money to produce the same standard of employee who we could have hired off the street and who would have paid for their own training. And this has been going on for years." Why haven't they all been sacked for this?
Any manager or accountant worth their salt would hopefully be able to differentiate between what is a 'box ticking exercise' and what is the true value of QF's assets. And that extends to all parts of the company ... engineers, ground staff etc. Otherwise, why have managers? They could all be replaced by chimps with red pens.
Pilots are a dime a dozen. Pilots with a proven training record of a high standard operation aren't. Qantas has a long history of safety and operational excellence, and I'm sure this is at least one reason our (now few) FF remain loyal to us. Management just tear down another remaining 'pillar' supporting Qantas.