Exactly. Industry gets as much regulation as it deserves and company management gets as much union as it deserves.
Actually it does not always work this way; wall street melt down, gulf oil spill, airline over booking... But it should.
You want more jobs in this industry right? The airline ticket is the most highly taxed piece of paper in the world. Get the government to relax some of the insane taxes and you'll get more people flying and more jobs. The airlines can put a little more coin the account and they don't have to full 100% to ensure some profit.