airlines will need to rethink their terms and conditions in order to attract and keep the best people.
Which only include a small proportion of the pilot workforce - trainers, postholders, the deepthroat phonecallers. Given that most individuals can add no value to the business (yes, no matter how big the coronary you may be cultivating over the latest delay), the rest are entirely replaceable as long as they don't drop the ball. If I don't crash, you don't crash or someone who's paying doesn't crash, it makes no difference except to the payroll.
With you 100% on the seniority lists though. It's completely regressive - ask the Japanese. Unfortunately pilots are by and large unimaginative and myopic, like generations of new Americans, they'll look to pull up that drawbridge once they're safely inside.