[DJN]

A competent pilot union negotiator will present the airline with a plan to transfer essentially all expected future profits into the paychecks of pilots

and

...the pilots, having expected to collect 95 percent of the airline's profits, will in fact be entitled to 115 percent...

WTF! Did the pilots think about the poor entrepreneurs and shareholders who own the business?

More reason why labour should be fungible. Some unions really rile me up.