If the US is anything like the rest of the world there is an enormous glut of unemployed pilots.
@Pit: that is the whole point of the article and every training conference I have been to in the US there is NOT an enormous glut and as EMB points out is happening now. Even if they do increase the salary at the regionals it still does not solve the problem nopw as it will take a year to train new pilots... And this is before the pathetic 1500 hour rule kicks in.
I expect the following to happen:
-The shortage in the US will get bigger
-Salary goes up (as it should!)
-Still aircraft parked
-1500 Minimum hour rule goes out of the window (as it should!)
-Foreigners are allowed in...(least likely)
In short the costcutters and politicians ate getting what they ehh didn't pay for
The sad thing is that in the above scenario the lessons of ColganAir and the quality improvements required in US training go out of the window first.....
