I'm referring to this:
I am worried that the airline piloting profession will not be able to continue to attract the best and the brightest. The current experience and skills of our country’s professional airline pilots come from investments made years ago when we were able to attract the ambitious, talented people who now frequently seek lucrative professional careers. That past investment was an indispensible element in our commercial aviation infrastructure, vital to safe air travel and our country’s economy and security. If we do not sufficiently value the airline piloting profession and future pilots are less experienced and less skilled, it logically follows that we will see negative consequences to the flying public – and to our country.
That's virtually identical to what pilots said about deregulation 25 to 30 years ago.
Paraphrased: Pay us more or die.
The fallacy results from forgetting that pilots would die along with the passengers. You can't threaten us with death without killing yourself too, and we are smart enough to know you won't do that.
The fallacy results from forgetting that the airlines would die if they lowered their standards in hiring and retaining the best and brightest pilots.
The fallacy results from forgetting that the "negative consequences" have not occurred before now because the free market prevented them from happening. Airline safety improved after deregulation for reasons having nothing to do with pilot salaries.