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The unions are responding to the workers fears that they won't be able to meet their financial obligations on a lower salary.
And the pay drop will be significant- with the option for overtime to earn more, but everyone will have to work much harder to earn anywhere near the money.
Also as the airlines recruited post '89, there were fewer jobs available due to the fact that fewer pilots could achieve the same productivity through different conditions.
I hope it doesn't come to this but if it is Corrigan, I would get your house in order and be prepared.