Then why don't FedEx pilots make $2M a year, when their companies are 20 times as profitable as airlines. Think there might be more to it than affordability?
Seniority compromises the free hand of labor-
We do not get paid a market wage, we get paid a negotiated, highly political wage artificially skewed by the constraints of the RLA & NMB
That has given us inflated wages before, and it has given us pay well below market in the post 9/11 world.
By definition, if you are being paid "well below market" you should be able to leave your flying job and get a better paying flying job........can you do that now? A free market is where supply and demand determine price. Right now there is a sufficient supply of airline pilots in the USA. You are always free to leave your job and get a better one if it's available, the RLA and NMB can't prevent you from doing that.