Nuked:
Labour must understand that jobs disappear if costs don’t come down.
Management must understand that when Engineers jobs disappear planes come down.
Investors must understand that profits disappear when planes don't fly.
To put it another way, Investors (shareholders) are entitled to
all of what's left after all costs of the company are met, and that includes labor costs.
They are not guaranteed to any return from their investment whatsoever, not even their original investment.
In other words, they have deliberately exposed themselves to
risk in the hope of receiving a
return.
You, as an employee, are not an investor in the financial sense, you are entitled to be paid whatever the market rate is,
just like the sellers of jet fuel.
To put it another way, what do you think the Shell Oil company would say to Geoff Dixon if he rocked up to them and said "Mate, I want you to charge me less for Jet Fuel because I have to pay my Engineers more"??