Well hang on Amos....I'm not sure about Lowkoons other posts (and I do agree with you sentiment about some young experts wanting it all 'now') but I think he had a fine point in his post above.
Sanook, are you for real? "Let's not be delusional. Any company offering T & C from the eighties operating today would be facing financial ruin".
How did you work that little gem out? Pilots are a commodity, just like fuel. There's not enough fuel around so airlines have had to pay more for it. Some of these airlines are still making record profits (and paying their CEO's record wages).
There aren't enough pilots around so airlines will have to pay more, much more and also offer better lifestyles.
Some drivvel about markets having 'fundamentally changed' is just bollocks turned out by the likes of that Ryanair goose O'Leary.
It's basic economics 101 and that hasn't changed since cavemen ruled businesses.