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BUSINESS ANALYSIS DECADAL
: Midway Airlines Corp. is an air carrier providing primarily passenger service and to a lesser extent, cargo and mail services. For the 3 months ended 3/31/00, revenues rose 10% to $60.3M. Net loss totalled $7.6M, vs a gain of $4M. Revenues reflect increase in the number of passengers boarded. Earnings were offset by increased average liquid fuel price, increased number of flights, additional staffing as well as equipment retirement charge.