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originally posted by: Zaphod58
a reply to: TonyS
Qantas is taking the same route that the Pentagon did with Sequestration. Maintenance are some of the biggest costs for aircraft. The Pentagon bet that Congress would blink first when talking about Sequestration, so didn't make any plans for budget cuts. Then when Congress didn't blink, they looked at their biggest cost area, which was maintenance, and gutted it to take a big chunk of spending out all at once.
Qantas wants their safety record, and their maintenance, but they want both cheap. In 2012, they cut 500 jobs from their heavy maintenance division. They cut their 737 heavy maintenance from Melbourne, and cut an additional 113 jobs from Avalon as they reduced 747 operations. That was expected to save them as much as $98M a year. In 2014, they cut another 167 jobs from the engineering side. Then the pandemic redundancy cuts hit, and another 35% were laid off. Meanwhile, Alan Joyce, the CEO, received a $287,000 raise. The average age of Australian licensed aerospace engineers is currently 54.
originally posted by: Blackfinger
Im in my early 50,s now and I can see that sheetmetal structures will be a thing of the past soon.Only guys I see doing sheetmetal now are car guys..