PTH
Nice thought, BUT contracts as of Sept 10, 2001 where already too expensive for most airlines--witness UAL's losses going into Sept 10th. Worse, contracts at that time were wildly reduced by inflation. In the CAB era of 1968, FAR 121 captains earned, get this, a Cadillac a month. A MONTH! Anyone want to go back to those days? Me, too.
Next, even at those salaries, airlines were desperate for pilots. I flew with a captain who got hired at EAL with 90 hours in a Luscombe. Horrid, he was. I knew another UAL pilot who got hired on a bet with 600 hours in a Colt. There were simply no way to get the experience then that there is now.
Finally, when ticket prices rise, in accordance with the new CAB's directives on economics, the airlines will shirk. What do you think will be the company's reaction to that?
GF