Charliethewonderdog.
Intimately.
"....requests a one-time raise that would restore pilot salaries to 1992 levels, when adjusted for inflation."
From memory, the AA pilots took pay cuts in excess of 25% and up to 50% to save their employer airline.
Going Boeing.
Correct - and the laws of supply and demand will eventually establish and stabilise pilot wages in Australia, as it should in a free market economy.
However, one can not compare the US and Australian airline industrial arrangements.