I regret to inform you, but there's no "free lunch." If we were to go back to regulation, some pilots *may* get raises, but those who didn't get raises would lose their job altogether. Seeing how the supply of pilots already exceeds the demand by mainline carriers to hire them, I personally doubt there would be industry-wide raises at all. The decrease in the number of jobs under regulation would result in an even greater over-supply of pilots, leading to even more downward pressure on wages.