Yes, this is the real culprit, but I think it is not possible to sue for that in court.
But, this is where our entire society is pushing - we all expect our shares/bonds/investments to go up and up (see Bitcoin and similar gambling etc.) and we often want to get the lowest possible price per flight ticket, and that results in cattle-wagon like way of air transport, zero hours pilot contracts and questionable safety practices, in short, race to the bottom. The one who adds a little piece to all this might be staring at you (me) in the mirror every morning.