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Also, i wanna say that the sept 11th thing is often overstated. I know to those in the industry it is a BIG BIG BIG deal. Iam very sorry to see airlines declaring bankrupcy, but people will always need to travel, and i dont see zeplins making a come back. Be strong, pilots, and keep lookig out for each other. If economic history has taught us anything it that, barring a new and better mode of transport, the transportation industry always bounces back. if you don't belive me, look into the history of train travel at the turn of the century. sorry for the rant.
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Sure, things will bounce back for *some* companies eventually, the big question is wether or not pilots will still have the bargaining power to they had in the last century when their companies are profitable again. Right now, I'm afraid irreparable damage is being done to the profession by constant paycuts, PFT/PFJ programs, relaxed scope, and Mega-Acadamies churning out will-work-for-peanuts pilots in an already saturated industry. Over the last few decades, a pilot's average salaray has definitely NOT kept up with inflation, but it has in fact taken a nose dive in the wrong direction.