When you examine 'low cost', you soon realise it isn't low cost (well maybe for the first ten or so to book their tickets a year in advance), it's really 'low overheads'.
As pilots, we are overheads. By paying the lo co airlines to train us (for which they claim back the tax relief on our cash at corporate tax rates which is why we can't claim it back) we have created the current situation.
PS. Is MOL eating porridge yet?