Create a timeline of the annual activity of labor/management

1. Create a timeline of the annual activity of labor/management collective bargaining from 1978 through 2009, providing a short synopsis of mergers, new carriers and company departure from the air transportation sector. Highlight the areas of most importance.2. Write a short answer essay identifying the four basic stages that the air transport sector has gone through in the deregulation era. Each of the four stages has had a different type of impact on the labor unions; accordingly, in one sentence for each stage describe the particular impact of that stage. Cite your sources.Special Instructions from the Professor:”If you Google for “airline mergers 1978-2009” (and bankruptcies and new airlines) you will get countless answers about airlines all over the world. That’s not really the intent. You should limit your “Mergers, bankruptcies, and new entrant airlines” to not more than 10 of each. Actually, just 5 or 6 airlines per category would be sufficient. Only discuss U.S. airlines. Don’t worry about all the foreign airlines that show up in your searches. You may combine or group similar situations to discuss “labor/management collective bargaining” issues pertaining to those events. Remember, discussing the labor problems is the main point of this question, not just listing a lot of airlines.”