Impulse guys should print off the above post and frame it. VERY wise words indeed.
To me, the mainline guys were typified by Jake-the-muss coming on here with "It will be mainline because no-one else is good enough". COMPLETE head in the sand stuff. (I notice he's become VERY quiet).
The way forward is to stich up the deal, then go for incremental improvements. Management is by nature short sighted. If a moderate rise in pay and conditions will keep industrial harmony and ensure a profit THIS year, they will do it THIS year, and then again NEXT year. Little at a time, and don't price yourself out of the market.
Oh, and DON'T start an agressive campaign for a 29.7% pay rise in one go. It don't work.
I would add one thing though. If Jetstar is paying for it's pilots type ratings, and is instilling a seniority list, it is ALREADY breaking the low cost model. Ditto if it even CONSIDERING a second type and long haul ops. Interesting times...