Originally Posted by
sulkair
pilot contracts have a frustrating lag time to find equilibrium with the true market. Heck by the time a good-times one is ratified, it's already the bad times and vice versa.
True. But along the lines of other posts in this thread, meaning being summed up in a nutshell, it's the RLA that affects that process the most.
Originally Posted by
GlobeTreker
I would argue that executive compensation industry wide is unsustainable.
I would argue that the sad reality is that it IS sustainable in the corporate American/Wall Street Driven/Shareholder value orientated style. But make no mistake, I DON'T like it.
I would NEVER argue that executive compensation is TOO much. But another reality is that "you get what you negotiate". When it comes to pilot pay and negotiations, pilots can usually only play checkers while management gets to play chess. And again, I DON'T like it.