Indeed there have been some radical changes to our industry over the last 20 plus years. A USair captain here said that in the 1980's a 737 captain earned the equivalent of 420K per year in 2010 dollars. Now it is around 120K. In addition pilots work longer each month and a have a considerably discounted retirement or none at all.

A young person who is considering the profession could have as much as 40 years ahead to think about. If one were to project the rate of change that has been happening into the future it is a grim prospect.

Skyhigh