Wednesday, March 21, 2012

And How'd That Happen Then

So how is it that the relatively union-friendly Southwest manages to avoid the frequent (minor) boom/bust cycle of the rest of the major US airlines? My inner communist tells me that management of other airlines is either incompetent at running a business and/or extremely competent at extracting all rents for themselves by stealing as much as possible before and during the various bankruptcies and bailouts, but it isn't polite to insult the jaaaahb creeaaahturrrrrz.