The paper analyzes wages in the U.S. airline industry, focusing on the role of collective bargaining in a changing product market environment. Airline unions have considerable strike threat power, but are constrained by the financial health of carriers. Since airline deregulation, compensation...

Frontmatter -- ACKNOWLEDGMENTS -- CONTENTS -- ILLUSTRATIONS -- ABBREVIATIONS -- INTRODUCTION -- 1 THE PILOT MYSTIQUE -- 2 EARLY PILOT ORGANIZATIONS -- 3 THE IMPACT OF THE DEPRESSION -- 4 CREATING A NATIONAL UNION -- 5 INTERNAL PROBLEMS OF LEADERSHIP AND POLICY -- 6 THE CENTURY STRIKE -- 7 THE...