Thereby airline managers and airline union leaders historically conspired in laying the groundwork for their industry’s next economic downturn. And airline labor leaders would take the appearance of profits as an economic signal to begin stirring up the rank-and-file to support big new contract demands. Airline managers would place big orders for new planes. But whenever these chronically cyclical companies did put together two or three decent years at the top of one of their cycles you could bet on two things happening. And they certainly didn’t do so regularly. It ever has been thus, at least since pilots, mechanics and flight attendants began organizing themselves in labor unions in the years immediately before and after World War II.
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