Originally Posted by OldAg84
I just read "Why pilots should make $200,000 year".
The marketplace is setting the price- and that includes on the supply side. The industry is overcapacity in a lot of respects, clearly Virgin America won't help that aspect. .....
America is still a free market economy. Right now, pilots are in excess "supply" and the companies are using that to their advantage- as a stockholder I expect them to. And so would most pilots with investments.
Problem is the goverment won't let an airline go out of business. ..how many times have you heard ,, "not good for the consumer if they stop flying". The goverment allows the bloat of capcity with bankrupt carriers. No other industry gets the pass the airlines do when they run in to debt. If you don't think cabatoge is coming think again. If things "tighten up and prices start to rise .. well you know it's not good for the consumer"
It's not a free market economy OA84. Very few prosper from it other than those in power. THe manipluation is at an all time high. Just look at our goverment.