Originally Posted by
stoki
Which brings us to the next point. There are too may airlines, too much competition between them for a piece of the pie, and there are always a few that help keep the fares low by undercutting the competition and in turn making everyone else do the same, or lose.
Which brings us to yet the next point. Reregulation.
And each pilot accepted the wage he/she receives. Not one was forced to do so.
I hope we never see a CAB again, and I seriously doubt we will, because like a national seniority list, and guaranteed wide body captain jobs for all pilots, it's a wet dream.