Midway Airlines Looking to Replace Four Top Executives
Posted August 14, 2001
RDU INTERNATIONAL (July 13, 2001) — Midway Airlines is in search of replacements for four top executives who have left the airline in recent weeks.
The departing executives include Jonathan Waller, the company's senior vice president, general counsel and secretary; and Thomas Duffy, senior vice president for operations.
Chief executive Robert Ferguson says the departures will have no effect on operations at the Research Triangle's busiest carrier. He declined to identify replacements.
The company has battled labor problems since it moved from Chicago six years ago. In addition, Midway initially lost money before recording 13 consecutive profitable quarters. Last year, earnings nose-dived again with a reported loss of more than %15 million.