Qantas Airways will establish a profit-making flying school by the end of the year to train 3,000 pilots and supply aircrew needed for the Australian flag carrier over the next 10 years.
"Until now we have managed pilot training in-house, servicing only Qantas' requirements," said Qantas CEO Geoff Dixon. "With aviation in the Asia Pacific region experiencing strong and rapid growth, we believe the time is right to think more broadly about future pilot training."
Mr Dixon said it would be one of the largest pilot training businesses in the world, adding that he was looking into joint venture possibilities with civilian and military organisations.
Mr Dixon said the business would initially operate from Qantas' existing facilities in Sydney and Melbourne, which was equipped with flight simulators. He said the new centre would be managed by Captain David Coates, who currently leads the Qantas Flight Training organisation. Captain Coates will report to Curtis Davies, executive general manager of Services from July 1.
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