Well said Dallas Dude.
Guv - Crew costs don't kill airlines. Incompetent managment, bad leadership, and fuel costs do. Do the math and don't rely on some bogus opinions. The idea that captains are making more than senior execs is laughable.
You're worth what you negotiate. Do you think the senior managers at the major airlines don't negotiate for their salaries and working conditions???? Maybe some people have some sort of socialist idea compensation, but it usually only applies to other people, not themselves. By the way Guv, are you going to publish your real compensation level to your employees when your airline starts up??