I have to agree that sadly the good old days are indeed long gone! That said it is not the fault of the guys who have been in the industry a long time but more to do with the cancerous spread of people more than willing to prostitute themselves at any cost coming in at the bottom. Show me any other comparative professional who pays 150 k for his own training and then works for less than 50 % of the comparative salary , I don't know of one! BA aren't adjusting their scales because they have to, more because they can do.
When my family fly I want them to be sitting behind the best trained best paid and highly motivated crew possible. The constant dilution of this industries professional status is only leading one way. Perhaps the situation that is happening at Jet2 now is an indication that pilots are maybe not happy to be rolled over and shafted, rather they would pay the sacrifice of UK life and earn a decent living else where.