Well it looks like News Ltd journalists have made their minds up about who they're backing in this dispute:
Qantas pilots want free flights | Perth Now
Figures obtained by the Herald Sun reveal the pilots' claim for a pay rise, added job security and perks such as free flights, would total $317 million -- an average of about $190,000 for each of the airline's 1700 flyboys.
An average 747 pilot earns $350,000 a year and the top pilots earn up to $500,000.
Having said that, this one's a few years old, but other Newspapers may have different opinions regarding pilot pay:
The Sydney Morning Herald Blogs: Watercooler / January 2007 Archives