Northwest Pilots ratify labor contract

Last November, pilots had to sign a labor contract cutting their pay by 23.9% which is a pretty significant amount of money. The airports are making more money off of this at an annual 358 million. The pilots are trying to fight to get their rates back up to make more money. If the airports want to keep their pilots, I think they know the smart thing to do, is to pay them more so they do not leave, however, because of the labor contract that the pilots signed last year may be an issue. In reading this article, it makes me wonder if the demand for a pilot job will increase or decrease. What are your thoughts?