Qantas to set up pilot-training school

As the world grapples with a shortage of pilots, Qantas is taking matters into its own hands. The Australian airline is setting up a school to train as many as 500 pilots a year, it said Thursday as it reported record H1 profits. The carrier will initially produce about 100 pilots a year just for Qantas, and other airlines could ultimately pay for training at the facility, CEO Alan Joyce said. The Qantas facility due to open in 2019 will meet just a fraction of the industry’s needs. The Asia-Pacific region alone will require more than 250,000 new pilots by 2036, about 40% of the global total needed, according to Boeing. Qantas will initially invest as much as A$20m in the school, to be based in regional Australia, Joyce said.<br/>
Bloomberg
https://www.bloomberg.com/news/articles/2018-02-22/global-pilot-shortage-draws-do-it-yourself-response-from-qantas
2/22/18