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Old 8th March 2004 | 01:46
  #6 (permalink)  
F1FAN
 
Joined: Mar 2004
Posts: 1
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From: USA
Yes, Midwest furloughed over 30% of their seniority list after 9/11. In 2000 the airline had a plan called "Destination 2004". In that plan they wanted to double their size/revenue and fall under the DOT "major airline" category. They ramped up hiring in early 2001 to support the proposed growth. Then the economy started to dive and the company approached the union regarding furloughs PRIOR to 9/11. Then september hit and the company went down the tubes. At one point in time last year the holding company had less than 30 mil in the bank. The airline is unfortunately one of the worst managed in the world. Great bunch of employees though. I do not know how many are still on the street as of today.
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