It generated buzz – and profits – with its regional approach, but rising costs and price competition drove Midway out of business for the first time in 1991. The airline was reincarnated in ...

Midway Airlines Inc. Thursday officially joined the list of critically ailing U.S. carriers, reporting a whopping $86.1 million loss for the fourth quarter of 1990 and announcing it has ...

Since Midway Airlines ... 30 percent below pre-deregulation levels in real terms, in other words adjusted for the consumer price index.” Welcome to the skies of fewer airlines.

OCT. 8, 1991: Federal bankruptcy court approves an offer by Northwest Airlines to buy Midway for $153 million. The deal includes 21 gates at Midway Airport and assumption of $1.7 million in debt.