While its true that if my company closed the doors tommorrow, and 3 of them have, I can usely get another job paying close to what i make now, but I still loose all senority vacation insurance. If the economony is bad I may not find a job in my profession and have to take a lower paying job till something better comes along.
I can also say, that no management in any industry gives a rats a$$ about any of the employees. thats not confined to the airline industry.