News Listings for Midway Airlines

  • 25 year timeline: in text

    News | 23 Nov 2010 12:00

    <H2>25 years of the Airline Business</H2> <P>We are celebrating the 25th anniversary of Airline Business this month and have put together a special timeline pullout in the magazine and online interactive version which you can <A href=""><STRONG>VIEW&nbsp;HERE</STRONG></A><STRONG>&nbsp;</STRONG>to mark the most siginficant events of the last 25 years. As we worked on it, it quickly became clear we would have room for only a fraction of the events possible from our original list. So here, in good old fashioned list format, is </P> <P>&nbsp;</P> <P> <TABLE style="WIDTH: 445px; BACKGROUND-COLOR: #e8e8e8" cellSpacing=0 cellPadding=0 border=1> <TBODY> <TR> <TH> <H2 align=center>1985&nbsp;</H2></TH></TR></TBODY></TABLE></P> <UL> <LI>TWA operates first service across Atlantic with twin-engined aircraft, a Boeing 767 <LI>The UAE’s Emirates Airline starts operations <LI>EgyptAir hijacked and stormed at Cairo, 60 die <
  • Router problem resulted in flight plan glitch: FAA

    News | 19 Nov 2009 20:53 | Megan Kuhn

    <p>The FAA is blaming nationwide flight delays and cancellations today on a software configuration glitch within the FAA Telecommunications Infrastructure (FTI)...
  • Several airport terminals are opening in the US just as traffic dwindles

    News | 22 Sep 2008 13:00 | David Field

    US carriers will see four new airport terminals open this autumn in the midst of the worst airline downturn in recent history
  • Mesa's takeover chase

    News | 01 Jan 2004 00:00

    <p>As its takeover bid for Atlantic Coast Airlines continues, Mesa Air Group will pay $9.15 million for the assets of liquidated Midway Airlines after emerging as a last-minute bidder for the regional.</p> <p>A bankruptcy court approved the move as preferable to the expected bid by Wexford Group to take over Midway. The parent of regional Chautauqua, Wexford had planned to resume Midway operations under a new name, Ascent Airlines, which would serve as a US Airways Express feeder.</p> <p>Mesa Group owns other US Airways feeders, and would increase its US Airways Express regional jet fleet to 67 from 52 with the Midway acquisition. US Airways said it would negotiate such an arrangement with Mesa. Mesa acquires all of Midway's landing and take-off slots at New York LaGuardia and Reagan Washington National airports.</p> <p>Wexford's bid was $8.6 million for the same assets, including two Bombardier CRJ200s owned by Midway, six more leased CRJs, spares and the Midway FAA operating certi
  • Midway finally folds

    News | 01 Dec 2003 00:00

    <p>Midway Airlines is to liquidate after failing to win pilot agreement and financing to serve as a US Airways feeder affiliate.</p>
  • Midway must show plan for restructuring

    News | 08 Sep 2003 23:00

    <p>A judge in North Carolina has warned bankruptcy-protected Midway Airlines that it faces liquidation if it does not provide evidence of a viable restructuring plan by 24 September, writes Darren Shannon.</p> <p>The judge's comments follow Midway's 28 August admission before the bankruptcy court that it had failed to sign a planned $20 million deal with Beta Capital that would have helped the airline repay its debts.</p> <p>The deal was fundamental to Midway's restructuring plans to emerge from Chapter 11 bankruptcy protection, which it entered over two years ago, blaming the drop in business traffic and high operating expenses. The deal was also pivotal in Midway's plans to meet a court-ordered 8 September deadline to prove its ability to emerge from bankruptcy protection.</p> <p>Midway president and chief executive Robert Ferguson says he plans to broker a concessions deal with the Air Line Pilots Association union. This, in turn, would gain Midway leverage to extend the term of