QF Recruitment
Join Date: Mar 2006
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Collateral damage
The new laws have unintended consequences. Yes, they give those 60+ an opportunity to pay less tax via superannuation contributions... should they wish to continue flogging to LAX. However, it also makes it more difficult for J* attract expats home after July 1 2007, see this discussion HERE [pprune.org].
I wonder just how deep that well is now...
I wonder just how deep that well is now...
Join Date: Oct 1998
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Unfortunately the only time the beancounters or the public will recognise the VALUE of experienced crews rather that the COST of having them will be in bitter hindsight after a BIG stuffup. Until then neither seem to be able to differenciate between a 200 hour cadet or a 20,000 hour veteran. After all - the aircraft currently arrive on time, in one piece, does it not?
Join Date: Mar 2006
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Alidad, I don't want to hijack this thread but...
How stupid of the 'beancounters' to deny themselves a bigger bonus! It just shows how out of touch they are with their own business.
In another thread, J*'s own figures indicate fuel accounts for 25.8% of costs. Pilot costs are probably close to 1%, yet have a significant bearing on fuel used. In short the 1% cost controls the 25.8% costs. Fuel is even more significant to an LCC because, by definition all other costs are smaller as a proportion. Fuel use determines the profitablity of an LCC.
Southwest, the mother of all LCC's knows this and employs the best people it can get & pays them well. It is consistantly profitable, proven model. It doesn't try to destroy it own people for short term gain, it rewards and nurtures them. Thats the difference between profit & chapter 11.
How stupid of the 'beancounters' to deny themselves a bigger bonus! It just shows how out of touch they are with their own business.
In another thread, J*'s own figures indicate fuel accounts for 25.8% of costs. Pilot costs are probably close to 1%, yet have a significant bearing on fuel used. In short the 1% cost controls the 25.8% costs. Fuel is even more significant to an LCC because, by definition all other costs are smaller as a proportion. Fuel use determines the profitablity of an LCC.
Southwest, the mother of all LCC's knows this and employs the best people it can get & pays them well. It is consistantly profitable, proven model. It doesn't try to destroy it own people for short term gain, it rewards and nurtures them. Thats the difference between profit & chapter 11.
