CXorcist makes some very good points - my only issue is that I can't think of a single Airline CEO or Board that would see good income figures as a reason to pay their staff more than they absolutely have to.
The old days of reputation, style, image are passing in all but a few, very upmarket industries (such as watches and handbags and maybe hotels)
Personally I regret this deeply - the rise of modern management, high finance and MBA's has seen a terrible cost in jobs, stability, and respect for both workers and customers IMHO
Unfortunately that's the modern world, across the board , and we have no choice (short of winning the Lottery) but to work within a system which is quite unpleasant I'm afraid.........