MORRISVILLE — The buyout of Triangle-based MidwayAirlines by People Express co-founder Donald Burr is off, but Midway has anew suitor in the wings.
The trade magazine "Commercial Aviation Report" says Midway may now bethe target of Ed Wegel, who would have been chief financial officer hadthe Burr deal gone through.
Burr backed away from that deal after American Airlines and its pilotunion agreed to a new contract which calls for an end to Midway'sparticipation in the frequent-flyer program Advantage Miles.
It is believed Burr was worried that would cut into Midway's passengercount.
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