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   alt.airports      Just one step above a dirty bus station      8,692 messages   

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   Message 7,484 of 8,692   
   Ozzy Kopec to All   
   Re: MIDWAY Air Flies Into Bankruptcy Liq   
   01 Nov 03 04:35:43   
   
   XPost: rec.travel.air, alt.travel   
   From: ozbyoz@aol.com   
      
   "None"  wrote in message   
   news:t9Fob.10114$RQ1.9318@newsread3.news.pas.earthlink.net...   
   > RALEIGH, N.C. -- A federal bankruptcy judge on Thursday ordered the   
   > liquidation of the assets of Midway Airlines, a regional carrier for US   
   > Airways that had fought to stay in business despite first filing for   
   > bankruptcy more than two years ago.   
   >   
   > "Sometimes despite the best efforts, reorganization efforts don't work   
   out,"   
   > Judge A. Thomas Small said. He did not say when he would issue the order.   
   > Small later signed a liquidation order.   
   >   
   > Gerald Jeutter Jr., an attorney representing Midway Airlines, said the   
   > carrier had been unable to reach an agreement with its 85 pilots and was   
   > converting its attempted bankruptcy reorganization into a liquidation   
   plan.   
   > Midway had 188 employees, including the pilots.   
   >   
   > "Midway surrenders," Jeutter said. The airline filed court papers   
   converting   
   > the airline's reorganization effort into a liquidation before the hearing,   
   > Jeutter said.   
   >   
   >   
   
       =======       I flew them a few times out of MDW, a coworker also flew FOR them but not       long as they faded out after trying to expand eastward?              --- SoupGate-Win32 v1.05        * Origin: you cannot sedate... all the things you hate (1:229/2)   

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