<div class='quotetop'>QUOTE (nonrev1 @ Apr 5 2008, 01:03 AM) <{POST_SNAPBACK}></div>
I read an article once that listed 3 things that make industries volatile:

1. high capitalization
2. unionized labor
3. dependence on natural resources (like fuel)

The airline industry is one of the very few that has all 3![/b]
I have to disagree with this statement. Unionized labor doesn&#39;t make a company or an industry volatile.
When labor (union or not) and management work in partnership, both reap rewards.