Originally Posted by
Sniper
If re-regulation comes to the airlines, I don't think many senior pilots will complain. After all, the pensions were intact, the job security was great, and the pay was much better prior to deregulation. The fares were higher too, of course. It would not be in the best interests of the citizens of the US to re-regulate, and I think the income of pilots would rapidly rise from #19 to top 10 billing if this occurred.
Many pilots (junior ones) would lose their jobs too, though. There is no need to have Delta, American, and US Airways all serving the BOS-NYC-DCA market, to point out just one glaring example.
Not going to happen, IMO, though I wish it would.
I'm not talking about re-regulation, I am talking about government ownership. When the Man owns you, he will determine what he will pay you. Look at the moves this government is making. Taking over major companies, setting limits on pay and compensation, and abrogating bankruptcy laws to stiff creditors to reward favored constituencies.
If the government took over a carrier, don't think the senior pilots salaries would go up. They would be lumped with the executives and management as the greedy ones who take all the money at the expense of the "workers". I fear that article is setting the stage for that.