> Lots of people choose the cheapest flights possible regardless of other considerations so a significant rise in pilot pay might make a given airline unprofitable since they can't raise prices to compensate.
In addition, certain airlines have the backing of massive nation state funds or are otherwise simply enormous - just like cheap venture capital, they can simply drown smaller competitors, buy their slots and airliners for a penny on the dollar and then jack up the prices. Lufthansa and AirBerlin are a perfect example.
In addition, certain airlines have the backing of massive nation state funds or are otherwise simply enormous - just like cheap venture capital, they can simply drown smaller competitors, buy their slots and airliners for a penny on the dollar and then jack up the prices. Lufthansa and AirBerlin are a perfect example.