727LOVER
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Posts: 6679
Joined: Tue Oct 09, 2001 12:22 am

What Is The Status Of Midway, National & Vanguard?

Sun May 04, 2003 12:34 am

What I mean by that is are they in Ch. 11, trying to reorganize or are they in a Ch 7 liquidation? I think National is liquidating. Remember, just because you are not operating, doesn't mean you are necessarily in Ch. 7!
Love Trumps Hate
 
haveric
Posts: 1219
Joined: Fri Jan 05, 2001 9:31 am

RE: What Is The Status Of Midway, National & Vanguard?

Sun May 04, 2003 1:03 am

Midway is currently operating a few RJs on the East Coast under the banner of US Airways Express.
 
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mariner
Posts: 18253
Joined: Fri Nov 23, 2001 7:29 am

RE: What Is The Status Of Midway, National & Vangu

Sun May 04, 2003 2:01 am

727LOVER:

Both Vanguard and National are gone forever. Final court actions have been taken.

Haveric is correct about Midway, but even they are having further legal problems. One creditor has asked the BK court to shut them down. Midway is fighting this, and may - or may not - win.

cheers

mariner
aeternum nauta