Aren’t most revisionist self serving in that they direct their future actions from what they have learned in the past?
starting with deregulation how did that work out for most airline pilots? How many companies furloughed or went out of business?
Financial hick up in early 90’s? Furloughs and bankruptcy’s?
9/11? Furloughs bankruptcies and loss of pensions?
Financial crisis 07-10? Furloughs?
Covid?
Wasn’t it Doug Parker who said in 2019 that airlines will never lose money again due to consolidation? Guess he is thought things were different?
Like Yogi Berra said”It’s deja vu all over again”