Midway Air calls it quits, due to attacks. 1700 Jobsgreenspun.com : LUSENET : Grassroots Information Coordination Center (GICC) : One Thread |
Fair use quotationshttp://biz.yahoo.com/rb/010912/business_airlines_midwayairlines_dc_2.html
Midway Airlines Closes, 1,700 Jobs Cut
RALEIGH-DURHAM, N.C. (Reuters) - Regional carrier Midway Airlines, already operating under bankruptcy protection, on Wednesday became the first U.S. company to officially cease business as a result of Tuesday's terror attacks in the United States. ADVERTISEMENT
Citing an expected drop in demand for air travel and a lack of financial resources, the Morrisville, North Carolina-based airline said it would end all future operations and cut 1,700 employees, effective immediately.
-- (perry@ofuzzy1.com), September 12, 2001