This is a clever exercise in having private and public airport owners, the applicant, and the taxpayer pay for many applicants to be qualified for a few jobs. This allows the companies to employ pilots who are DESPERATE to get that airline job and start paying back that debt, and will accept any conditions that allow them to start doing that, especially as the same system will be churning out equally qualified competition regularly. Supply and demand folks. Guarantee a supply of eager young hopefuls, and you can demand what you want.

Of course it is! If supply/demand is working for you, milk it. If it's working against you, take charge of the supply, then milk it.

From the Northern Dailey Leader facebook site this morning , the deal with Virgin has fallen over. Surprise Surprise

The first of many indicators that VA is in a serious world of hurt

I’d say it’s more they are in a soon to be situation of carrying a few hundred excess pilots (Tiger, 330) that are entitled to the position as per EBA when the job is available again.

They simply have no means to give these kids jobs or even have a job for them. Come back next decade

Virgin pullout started the week after Borghetti left
 

The Qantas hatred went away, as will half the VAR services to Tamworth mid March. This is what happens when no one signs contracts.

What the hell are you talking about.

It's hardly the first of many, it's one of the most recent of an extraordinarily long list that has been well known and talked about on this forum for years.

If anything it is a good sign that at least someone in management has realised that this school is something they don't need and has the potential for being another money pit. Even if this has happened out of neglect or incompetence, it's clearly a good thing considering the oversupply of experienced pilots the company has given it's current trading environment and announcements of future plans.