Midway Air calls it quits, due to attacks. 1700 Jobs

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http://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


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