Was just reading some of the comments on the link - One stood out to me in particular.
Sounds like the perfect time for a strike, you can't just go out and pull guys off the street to replace pilots. All the underpaid pilots from every airline should get together and stand firm. If they don't have a union they need one. Even a short strike could put a lot of these airlines out of business.
I haven't often heard of Pilot Strikes, and a quick Google search reveals that 1989 seems to have been the last one. With all of the comments on here about the reduction in peoples terms and conditions, Why hasn't there been more Industrial Action from pilots? Or hasn't it gotten bad enough yet? I realise that T&C's in America seem much worse. Wouldn't it cost these companies more to train a new CPL on a jet or turboprop than it would to increase pay accordingly?