There are questions about whether Qantas boss Alan Joyce was too quick on the draw when he accepted redundancies of more than 230 pilots, as COVID grounded the aviation sector globally. | OPINION by EKnightOfficial
Now on the cusp of having come through the aviation industry’s most damaging black swan moment, Qantas is facing a staffing hangover - having to retrain at least 200 pilots to ready itself for flying.
When one pilot goes, the vacancy he or she creates needs to be offered to the next most senior pilot, regardless of whether that person is trained for that particular aircraft. The shedding of roughly a third of Qantas’ workforce came at a time when group revenue had fallen to a trickle, forcing it to raise equity and bolster its debt facilities as it lost billions of dollars.
The extent to which holidaymakers are comfortable enough to travel overseas next year is questionable. Some analysts have estimated pre-COVID international travel will not return until 2023 or even 2024.This will require Qantas to remain quite fluid on bringing mothballed aircraft and their crews back into service.Virgin having been placed into administration has been re-birthed with new owners and a more mid-market skew.
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