Not completely out of lunch. What countries are you thinking of? What legacies treat their employees better then their counter parts?
More importantly, which European "legacies" are
you thinking of? Your comparison simply mentioned a couple work rules -- nothing of the overall pay and compensation scheme.
The fact is, European airline pilots aren't significantly better or worse off than US pilots.
Not to mention there is no regional system in most countries like here in the U.S. You can get hired by the major in your country fly ERJs and ATRs there, get paid AT LEAST fairly, and you are on one seniority list.
Where do you get that there are no regionals in Europe? Based on the travel distances over here, the vast majority of the airlines ARE regionals. In fact, the way that airlines are categorized in the US as legacies, majors, nationals, regionals, etc, can't be applied to European airlines to make an apples-vs-apples comparison.
I don't see airlines in Europe, even now in this crisis laying off nearly as much and at the rate as here in the U.S or even as frequently, crisis, no crisis.
They also didn't have the massive hiring boom in 2007.
Your pilot group not happy with pay or working conditions? Management doing a number on you completely? You wanna strike? Go ahead, you can seek self-help in most countries. Here you have to either bend over and take it, or quit.
Fair comparison, but that has everything to do with laws. There are a lot of other laws in Europe that I want nothing to do with -- I'd much rather have the US system.
Pilots in other countries flying similar equipment to mine get paid almost 2x as much as I do, and treated better.
Their cost of living is also probably twice as much as yours. They also probably live in a smaller house and drive a smaller car than you...and paid a lot more for it (currency exchange value notwithstanding). How much tax do they pay compared to you? Again, not a fair comparison -- you can't work in Europe and live in America.
I see a lot of professional pilots lament how much better things are for the pilot profession in Europe, but most of that is based on some idea of what they think things might be like over here. There is rarely a well thought out understanding of the complete picture.