What a load of bilge!
You might think that airline pilots are overpaid - right up until the moment one of the engines suffers a massive and extremely loud uncontained fan failure. Then they just can't be paid enough.
If you persist in thinking that airline pilots are over paid, ask yourself this question:
"Would I use the services of a low-cost brain surgeon?"
Most of us would say no. We would want the best service we could get. So if you would not put your life in the hands of a quack, why would you acccept putting your life in the hands of a "low cost" pilot? Besides, surgeons only have one life in their hands at a time, pilots have anything up to 500. And surgeons don't usually end up the same morgue as the victims of their mistakes.
There are certain airlines that have a reputation for treating their pilots badly; I simply will not fly on these airlines. I sincerely hope that the aviationindustry is not about forget the hard learnt lessons of the past.