Pilots pay is pretty safe for the time being.
It depends on whether the next big economic event happens before or after UAL/CAL, AMR, and USAirways finish their next CBAs. If they finish their deals first, then our pay will be pretty safe. If they don't, then we're in a bad position, along with Delta, Alaska, and Hawaiian. You don't want to be 20-50% above everyone else when the bad economic conditions hit the next time. That's a recipe for massive concessions, forced through bankruptcy if necessary. We need to get everyone up to a level playing field before the next economic bomb hits. The wide disparity in pay from one carrier to the next is what screwed everyone over in bankruptcy on the last go around.