There's a reason...
... pilots at the majors demand such high pay rates. If they agreed to work for less, there is NO guarantee that management will put away the savings for a "rainy day". IOW, you can't buy job security with a cheaper contract. I'd rather take the money out of management's hands and save it in the bank myself rather than let them pi$$ it away on dot-com ventures, airline aquisitions, and fare-wars.
Does anyone think, for instance, if UAL pilots agreed to smaller pay raises in 2000, UAL would have more cash on hand now?? No way, they would have squadered it on more stupid ideas.
At least I put a lot of that money in the bank, where it will do some good.
FedEx and SWA have an advantage many other airlines don't. They are/were run by their founder. These men cared about their airline and its employees because the companny was their "baby". There was a certain pride in ownership of something they created with their own blood sweat and tears.
Can any other large airlines say the same? Look at all the bonehead CEO's that were simply there to rape the company for all it was worth and take off after a few years of "hard" work. Look at how much time was spent in the boardroom cutting deals instead of running the airline. They didn't give a $h1t about the airline or its employees. All they did was pack their golden parachutes with as much as they could bail out with.
Hence, the situation many airlines are in now. It's every man/woman for himself. I see 59 year old Captains max'ing out their hours every month to "make up" for all the compensation they lost over the last 30 years of furloughs, bankrupcies, ESOP's, etc. I see junior 1st Officers doing the same because they feel they're on the street next month and need to build a war chest.
I can understand when the ignorant public claims airline pilots make too much money, but when I hear it from other pilots I am shocked. Maybe you think if the majors paid their 747/777 Captains less, then you would be paid more, huh?? I can tell you that isn't going to happen. The airlines would like to pay ALL of us less, not redistribute the wealth.
The more ANY pilot gets paid, the better for all pilots. The less one gets paid, the worse for all.