The document discusses the history and current state of the airline industry, noting that while it was once luxurious and glamorous, serving the rich and famous, the industry now faces issues like mergers, increased fees, and unpredictable factors such as fuel costs, weather, and safety issues that can ground flights or cause accidents. However, the industry has also seen record profits in recent years and air travel has become more affordable and safer overall. The document concludes by questioning whether it is still a good time to work for an airline, but provides reasons one might stick around such as travel benefits, pay increases, and profit sharing.

2. WHAT IS THE AIRLINE INDUSTRY?
• Airlines
• Aircraft manufacturers
• Contractors

3. THE GOLDEN AGE
• Luxurious
• Rich & famous
• Many airlines

4. TODAY
• 9/11
• Mergers
• Cranky passengers
• A la carte fees
• Record profit
• Affordable
• Safer

5. UNPREDICTABLE
• Jet fuel
• Terrorism
• Unknown safety issues with aircraft
• Problems with aircraft manufacturer
• Groundings
• Severe weather
• Tragic accidents and incidents
• Government approval
• Strikes

6. IS IT GOOD TO WORK FOR AN AIRLINE TODAY?
YES NO

7. HISTORY REPEATS ITSELF (MY WORKING
YEARS)
• Fare increase
• Retirement and replacement
• Phase out regional carriers
• Increased competition from foreign airlines
• Fees are here to stay
• Cranky passengers get crankier

8. WHY STICK AROUND?
• Travel benefits
• Pay increases over time
• Profit sharing
• Love what you do