Former Midway pilots oppose sale of bankrupt airline - WECT TV6-WECT.com:News, weather & sports Wilmington, NC

12.10.03

Former Midway pilots oppose sale of bankrupt airline

(Raleigh-AP) -- Former pilots for Midway Airlines want to block the sale of the bankrupt carrier to a Connecticut company that says it won't honor their labor contract. The pilots plan to ask a federal bankruptcy judge on Wednesday to reject the pending sale to Wexford Capital because Wexford doesn't plan to pick up the contract. Midway struggled through bankruptcy for 26 months before a judge ordered the company October 30th to sell its eight airplanes and its operating certificate. Wexford, which bailed out Midway two years ago, offered to pay eight (m) million dollars for the planes and certificate and to rehire pilots and first officers if the former labor agreement didn't apply. Wexford wants to use Midway's planes to start a new carrier named Ascent Airlines. Like Midway, Ascent would be a commuter affiliate of U-S Airways.

 (Copyright 2003 by The Associated Press. All Rights Reserved.)

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