Aircraft, so far I have suffered your -- at times painful -- logical hiccups quietly, but the chestnut you came up with now takes the biscuit! Where on earth did you pick up that any industry will pay workers what they can afford?? Excuse my language, but that's bulls
t!
Pay is in market economies dictated by supply and demand, nothing else. Companies have the interest to reduce cost and increase income and to balance the two, and retaining staff comes under reducing cost and so does paying pilots what companies can get away with based on the supply of pilots (and to a lesser degree their collective bargaining power)!
Now where there is excess supply of pilots (like post 9/11 where global industry capacity was sharply reduced), prices for pilots go down, now that it seems to be swinging the other way, prices/conditions will increase.
Let's try not to make it more complicated, shall we
