Unfortunately, while this article may be dead-on accurate, it ignores a key concept that decides pay....supply and demand.
There are way too many pilots. This excess supply drives wages downward.
There are way too many airlines adding way too much capacity. In order to fill all the new seats, airlines have to keep slashing fares downward. These plunging fares drive wages further down.
Inability to differentiate product. Whether you fly DL, WN or CO...they're all pretty much the same. Since the products can't be differentiated, no one can charge a premium. Without a premium, the carriers have to compete solely on costs...which means more downward wage pressure.
There are way too many pilots. This excess supply drives wages downward.
There are way too many airlines adding way too much capacity. In order to fill all the new seats, airlines have to keep slashing fares downward. These plunging fares drive wages further down.
Inability to differentiate product. Whether you fly DL, WN or CO...they're all pretty much the same. Since the products can't be differentiated, no one can charge a premium. Without a premium, the carriers have to compete solely on costs...which means more downward wage pressure.