They were doing alright, they just had the highest paid stewardesses in the industry (by a large amount actually) for a solid mid-range airline when it comes to KPIs. If they'd have agreed to be paid more in line with what the industry was paying stewardesses there is a great chance the airline would still be open.

Also, no matter how you look at it. The result of the failed negotiations was them selling 90 planes to pay for the stewardesses. This resulted in the furloughing of 90 planes worth of employees, and ultimately in the company not being competitive enough to survive.

I saw this front and center as someone with no real view for or against unions sans the union dues were forcibly deducted from my salary whether I wanted to be in one or not. I came out seeing the teamsters for what they truly are. The teamsters unions are the thugs they were formed to prevent. They need to be broken up.