Originally Posted by
Cujo665
I don't think it will be that long. After 9-11 we had the economic meltdown in 2008. Eagle had already started hiring two classes of 30 a month back in 2005-2006. In 2009 the first group of 35 flowed, and that was only 1 year into the post 2008 recovery.... and they didn't have the mass retirements then to help either. I think, that the AA downsizing will fit closely with the retirements and that your looking at about a 2 to 4 year wait for the flow to get going again above more than a drip. If they can time everything right, it's the two year number (perhaps even less). If not, then more towards the 4 years.
It's also an opportunity for them to avoid BK. This slowdown gives them the opportunity to restructure and reorganize; and return as a smaller leaner meaner AA.
I was at Eagle for the mergers and 9/11. I agree right now, early retirements just caused a 3-4 year pause in the flow. But the second they furlough... if that happens add another 5 years to the pause in flow..
caution on mergers. If that happens again to the WO’s. Its not fun... The BizEX merger was the pitfall for me..