Page 15 - STAT August 2022 for Magzter

As per insights shared by on its portal,
Geoff Murray, Partner at Oliver Wyman cited,
“We now expect global aviation to be short
by nearly 80,000 pilots by 2032, absent a
downturn in future demand and/or strenu-
ous efforts by the industry to bolster the
supply of pilots.”

The way forward
Speaking about retaining talent, Winter
added, “Candidate retention has now
become even more important than it
ever was before, for logistics and supply
chain today and for aviation in particu-
lar. Nowadays people will change their
jobs every two to three years, so aviation
companies can rotate people around dif-
ferent roles to retain them, similar to what
Maersk does. The industry needs to look
at mechanisms such as incentives for per-
formance, which is often not the case in
an airline or air passenger and cargo side.
They need to look at innovative ways in
offering flexibility for staff, better working
conditions, and better pay to employees.”
KPMG’s recent Future of Supply Chain
report, released this January, cites that in a
bid to overcome the various issues many
supply chain and logistics businesses are
facing, the industry needs to embrace
digital technologies to create a resilient
supply chain.
One way forward could be to embrace
2020 following a restructuring. It is currently commercial pilots entering the industry. Intelligent Automation (IA) which when em-
however looking to add 8,000 new staff Following IndiGo’s mass sick leave inci- bedded in the processes across the supply
across its subsidiaries. In one of its biggest dent in July, the low-cost Indian airline has chain, can result in increased staff produc-
recruitment drives, Changi Airport is looking since hiked the salaries of pilots and crew tivity, capacity, and service levels.
to fill 6,600 vacancies in a job fair recently members by eight percent with effect Glyn Hughes of TIACA told the publica-
and is also looking to reopen two of its from August 1. tion, “We must revise the recruitment
terminals that closed during the pandemic Debt-ridden Jet Airways had reduced manual to align with today's workforce
to meet the seasonal rush. its 16,000-strong staff to 3,200 in 2019, as it motivations and expectations. We must
halted its operations, following which many focus on continual staff development to
India employees also shifted to other sectors. Jet retain a workforce with career-building
Meanwhile, the Indian aviation industry Airways and newbie Akasa Air have since and value-adding prospects. We must au-
which is reportedly the third-largest aviation taken to the skies and are looking to retain tomate and use other tools such as robot-
industry globally, is also in a state of flux ow- talent, with Jet trying to hire back its old ics to support physical staff in performing
ing to labour unrest and many airlines have employees. In a bid to lure and retain new duties with increased productivity and
been bleeding post the pandemic. talent, Akasa is also planning to offer stock efficiency. Competition for the future
Airlines in India are also dealing with pilot options to its staff. workforce will be intense, so we need to
shortages and managing the crisis by hiring build a compelling case as to why work-
commercial pilots from overseas. But cur- Post pandemic pilot shortage ing in air cargo is so beneficial and neces-
rently, foreign pilots are not given long-term As per a recent forecast by international sary for a successful global economy and
licences by the Directorate General of Civil management consulting firm Oliver a successful global society.”
Aviation (DGCA) and it requires them to Wyman, the demand for pilots will outstrip All things considered, it remains to be
renew their licence every year. As per recent supply in most regions globally between seen if this staff shortage in aviation is the
reports, India would need 1,000 to 1,200 new 2022 and 2024 – and continue to worsen tail end of the post-pandemic fuelled ‘great
pilots each year against the current 6-700 over the next decade. resignation’ or ‘the great reset’! 

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