Midwest Airlines layoffs fleet and job cuts imminent

The aviation industry expects Midwest airlines layoff to cut jobs of up to hundreds of its employees. Staff that gets to stay on with the airlines will not be rejoicing either as they will face pay cuts of up to 65% if the proposal gets implemented.

As for its fleet, Midwest has announced that it will reduce the number of planes down to about 25 Boeing 717’s. Effectively slashing the domestic carrier’s fleet by half.

It appears Midwest is on the brink of Chapter 11 bankruptcy and with the layoff announcement, the airlines is likely gasping for it’s last breath of air. This also hints that Midwest, if it fails to recover from its current slum, might end up in the hands of Delta-Northwest.

It is a pity if Midwest Airlines were to go bankrupt. Economically, we are in challenging times with oil prices soaring and does not appear to be going down anytime soon. Travelers will surely miss the big leather seats, good food and amenities at very reasonable fares.