This is one of the most interesting and relevant threads here in a long time.
It seems to me that some of the LCC have relentlessly driven costs out of the business to such an extent that salaries and conditions and moral are so low that eventually a straw will come that will break the camels back. If that event is a serious safety incident than maybe the resulting spotlight will reflect on the Major way the industry model has changed over the past say ten years.
One of the other issues appears to be career management. People who jump from ship to ship and stay for a few years, drive more costs and conditions from their host companies , then take their bonuses and bugger of to repeat the trick elsewhere.
Maybe I am wrong and I well realise that we must continually change and adapt as economic and business models changes. BUT if pilots are holding down two jobs to make ends meet because of faceless managers who have driven costs to the bottom of the barrel, and those same pilots are involved in an accident, then we must ask ourselves when do we as a group of professionals say STOP.
In my view it's a little late for an industry wide reflection on the issues raised when there's a hole in the ground.
Comments or Maybe I am just letting of a bit of steam??
In answer to the threads question
Are we facing a safety issue? YES YES YES