Nicely put Z3. I fly with a lot of pilots but few aviators.
While the "glory days" may be gone, there is good money to be made once your at the major airline level. Another thing to factor in is the other side of the "commuting and gone four days at a time" coin. When I am home, I am home. There is no work to bring home. I can essentially unplug if I wish. All I need to know is when I need to be back at base...and maybe where I am overnighting so I can pack accordingly. No job is a utopia, but I've been home for two weeks after dropping a trip with pay and spent the whole time with my kids and flying my 205. Not a bad gig. I'm dreading going back to work, especially since it starts with 24 hours in Cancun. Oh well, guess someone has to do it.
Seriously though, once your dues are paid it isn't a bad life. Even if you commute like I choose to do (Utah to JFK) it isn't horrible. I actually have a better QOL commuting to JFK than I would commuting to a closer base due to relative seniority, which equals holidays off and better, higher paying trips. If you choose to live in domicile, earning potential and QOL does go up. Having the option to live where you want is a plus.
I'll add a couple of things to Z3's comments. There will be a few exemptions to the 1500 hr minimum. My understanding is that attending one of a few part 141 schools will allow you to get hired with fewer hours. What I remember reading or hearing is half (750).
Personally, I think that a sort of perfect storm has been created and something is going to have to give. High cost of learning to fly with the ever looming threat of user fees, low interest because of the low pay for entry level jobs, the new 1500 hr rule...combined with the massive shortages coming...something will have to give. Mergers and consolidations can only offer so much relief. The majors will suck up the qualified pilots, leaving the regionals wondering where they are going to find pilots. One would hope that this will drive wages up across the board, but that isn't going to happen without the public paying more than $99 to go coast to coast. It is going to be interesting to see what happens. Like I said before, I believe those already in or poised to be qualified to be hired should reap the rewards. I know that my company is concerned about pilot retention and we are seeing some movement on issues they have been dragging their feet on. This tells me that the situation has some gravity to it.
I should note. I had no intention of being an airline pilot. Flew shrimping spotter planes, infrared/smoke jumpers for the USFS (where I planned on being for a career), and corporate. Never dreamed of flying big metal and would be happy flying a 182 if it paid what I make flying the bus. But now that I am here, it is a good gig...even opted to stay when I had the chance to go back to the USFS.



