MidAtlantic Closes for Good

Aviation International News » May 2006
September 19, 2006, 12:15 PM

US Airways plans to transfer the last of the assets of MidAtlantic Airways to Republic Airways on May 28, marking an inauspicious end to what once formed the basis of US Air’s strategy to emerge from bankruptcy. Another 368 employees, most of whom remain in Philadelphia, will lose their jobs, although many will get a chance to work for Republic, which has agreed to place a heavy maintenance facility in Pittsburgh. With the completion of the transfer, Republic takes possession of the last of 32 Embraer 170 jets included in a $110 million deal that saw the Indianapolis-based regional take control of 113 commuter slots at Ronald Reagan Washington National and 24 commuter slots at New York La Guardia Airport.

FILED UNDER: 
Share this...

Please Register

In order to leave comments you will now need to be a registered user. This change in policy is to protect our site from an increased number of spam comments. Additionally, in the near future you will be able to better manage your AIN subscriptions via this registration system. If you already have an account, click here to log in. Otherwise, click here to register.

 
X