Mweiss,
For one who talks about "capitalistism" and capitalistic thinking....your version above is extremely "socialistic" IMO.
The Industry is in peril because there is just too much capacity. Too many carriers in a crowded market place of astronomical fuel prices that has gone "aray", and unrealistic expectations of the consumer.
Although, my deep feeling about U is not to be the one that fails, one who is sitting on the sidlines " would rationally think, a couple of legacy carriers really need to go.
Have I told you lately, you are very irritating? For some "one-a-be-employee", you can have the job, but my vote remains "no". Why? Because I'm here, and your not, and the person who may think they want the job on the street has nothing invested here. the capitalistic Corporate Raiders are here, and there needs to be an "adjustment".
The market place may believe that the consumer dictates the market place. However, the worker is in that equation.
If to run an airline is reduced to only volunteers who contribute for "charity" or for very little wage, and come to the work place to operate the business in order to give the consumer what it wants (the lowest fare)....you would have no workers, no quality service, therefore, the consumer would not be able to fly no matter what they demanded.
Hey, I want cheap fuel for my car too, and there is plenty of competition, but you notice, we pay "top dog" prices now don't we all.
That's my logic.