Chimbu you were horribly wrong on the GFC and I reckon your out of whack here too.
A DEC C&Ter accepting employment at Impulse on the 717 was paid 90k with a one page contract - no overtime etc. 7 years later through diligent and mature negotiations undertaken in good faith that same individual can earn triple that early wage under an EBA that, even AIPA acknowledged, is VERY good. The most junior FO at J* now earned more than the most senior C&Ter did just a few years before and with command prospects measured in years rather than decades.
But is anybody hailing the JPC (of the day) and the J* pilot group generally as worthy of praise?
The above a doozy. The Impulse pilots provided cheap services ( and training standards ), well below the incumbents. And were rapidly expanded as an industrial weapon. Their pay rises were not in good faith at all. Again, they low balled, at a guess, due professional insecurity.
So they introduced low pay and low standards. The latter, has given the airlines the ability to circumvent supply and demand, by having not to invest professionally in an individual the same way other airlines would.
Impulse pilots have been major enablers of a race to the bottom.