Do you really believe that?
When my father became a Chauffeur for the CEO of Union Carbide he earned around $20,000 a year and the guy in the back earned around $200,000 a year. That was pretty much a top to near bottom view of the pay range at Union Carbide in the early 70s. 10 to 1. My guess is in the most extreme the difference was 20 to 1.
Now we have Flight Attendants Earning $40k and CEOs getting $17 million. 425 to 1.
Well where do you think that money to pay these people the sums they are getting come from? I know FWAAA will cite that its from stock etc but the fact is in order to drive the stock prices higher they are squeezing the money from the workers. Their millions are coming from you, and Union Leaders suck as yourself unwittingly help them by telling the troops to stay quiet, don't make a fuss and "live to fight another day". for every $1/hr less we make it gives the Bosses an extra $21 million dollars to spread between themselves and other stakeholders.
When AA went into BK they never argued that they could not be profitable, they argued that they could not be competitive. there is a diofference, see AA was argueing that they wanted superior cost advantages, and the crook on the bench agreed, after all by offering businesses a way to steal from their workers he ensures that there will be plenty more customers for himself.
We are currently around $35/hr (including benefits) below what we should be getting paid in Aircraft maintenance.