Thu, Apr 10, 2008
Blame It On Fuel Prices
No one would dispute the price
of doing business is getting more and more expensive for US
carriers... and Midwest Airlines has felt the pinch. Reports
surfaced Thursday the airline is dropping some pilot
jobs, and cancelling several routes.
Some of those cancellations will only be temporary, reports
WTMJ-4, so the carrier can inspect its 13-plane fleet of MD-80
airliners for the same kinds of issues that have stymied American
Airlines this week. But others will be permanent, as the carrier
struggles to stay in the black when the world around it goes deeper
in the red.
Midwest spokesman Mike Brophy wouldn't confirm the reported cuts
to its pilot ranks, though pilots at the airline say they started
seeing e-mail notices about looming layoffs Wednesday night.
The high price of oil is likely to blame, which has cost the
airline industry billions of dollars at a time the market is also
struggling to adapt to a slumping US economy.
As ANN reported, a team
comprised of Northwest Airlines and a Texas-based private equity
firm purchased Midwest last year. That deal was formally approved
by regulators February 1.
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