I wonder if some of the disparity in junior vs senior pay is elated to deregulation. When the airlines were tightly regulated 6 figure pilot salaries were very

I wonder if some of the disparity in junior vs senior pay is elated to deregulation. When the airlines were tightly regulated 6 figure pilot salaries were very common. Pilots from that era are all retired by now, but many of the senior pilots today likely flew alongside people making huge salaries so it will take long time for the contracts to adjust.