It's a scam being pulled on regional airline employees...

if "everybody" has a contract specifying "industry average" it does not take a rocket scientist to see that if ANY pilot group takes a pay cut, then the industry average just dropped, which means the next contract up for negotiation is by default going to also take a small hit... the process will continue in a downward spiral until nobody will take the job for those wages. We were almost at that point two years ago when they resorted to hiring people with the ink still wet on their tickets.

The very notion of them trying to sell a pilot group on ANYTHING "industry average" is insulting to anybody capable of using basic logic to follow the resulting trend to it's inevitable conclusion.

The idea of a UNION trying to tell their pilots that "industry average" is a good thing is a joke.