More to the point, T&Cs for pilots, globally speaking, have been on the slide for years. That is partly because they were over-valued in the first place, but also because the industry can no longer support them
What utter crap.... put the ticket price up a few dollars and drop the CEO and ilk multi million dollar packages.
Why should it be up to the flight crew (and cabin crew) to drop income to unheard of levels just to support the punters low cost airfares, increased shareholders dividends and ridiculously excessive CEO salaries.
remoak if flying a "shiny new jet" for the same pay as a coffee maker floats your boat, go for it mate, and good luck, but you definately won't see me there.
BTW just how low will you some of you guys go in order to fly a shiny new jet. I bet there are some airline companies out there that would like to know.