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PIA Engineering/PKMRO deputy managing director Sam Sayani pointed out the interesting conundrum his company finds itself in today during a session on competing for talent.With what he called tremendous revenue growth in 2010 (23%), PIA is happy. But it's costs have risen 12%, he says, surpassing its 7% year-over-year growth. As is often the case, growth costs money. And labor is one of an airline engineering organization's largest cost centers. Looking ahead at fleet growth in the next decade, Sayani says airline engineering departments and MROs should be planning for these costs now. The Middle East, for example, will require 40,000 technicians in the next 10 years. But at present the region only has the capacity to train about 10,000 in that timeframe. "We can see that we can meet the needs of tomorrow, but the industry needs to wake up," Sayani said. "It is a very acute situation."
Tags: om99, recruitment, mro