What is described here is simply the same for every commercial field of endeavour in the world!
Yes, I know that it's your world that is not much fun at the moment but I can say the same of I.T. and telecomms after some 28 years in it. Everyone wants to pay less for everything, those that can, and will, pay more for the very best are a teeny-tiny percentage of the population. So the basic rule of Western style capitalism (as particularly promoted by the US of A) will tend to have this effect. No, it is not nice and Yes some things getter better and some get worse.
I sympathise with your 'venting' sevenstrokeroll, the current running and experiencing and living and working of (and in) commercial aviation is not much fun. It may indeed to be said 'to suck'!