Yes, there is volatility in the industry. Ridership has gone up and down. Yes, profitability was all over the map.

I kept looking for a graph of the number of pilots furloughed each year since 1970 and then a tie to why it happened. I did not find it in either article. Did I miss the graph?

Specifically, when did furloughs across the industry occur? If the 8 - 10 year frequency is correct, there should be 6 to 9 across the board furloughs, not just when an individual airline went bankrupt.

Otherwise, people are waving their hands.