Next Wave
No matter how bad the industry gets and how low the compensation there will always be a next wave of pilots who are convinced otherwise and are primed to expect less. Each wave will bring with it lower wages and more difficult working conditions.
I have seen people on this forum who two years ago argued for an aviation career and now after walking the path are arguing against it.
I believe that the future of aviation is a revolving door of hopeful new hires who quickly descend into disgruntled individuals who leave the industry after only a few years. Unions will continue to dissipate due to the transitory nature of the pilot group who only have a few years invested into the profession and are quick to jump to other companies or quit if things get ruff. A few will stick around to become the upper tier of the seniority list of pro-company supporters who have laid their entire lives down for the job further insuring a future that is in the hands of management.
It is cheaper to train new pilots than to pay a livable wage to experienced ones. Automated planes are removing experience needs from the flight deck making it so that companies can hire 300 hour pilots into the right seat of a regional jet. The current wave is subsiding and the next is starting to build.
SKyHigh