Business: Aerial Dogfight

Midway takes on the majors

The nation's airlines are already exhibiting some of the effects of deregulation that may eventually show up in the trucking industry. Like an army of gnats, regional and commuter airlines are swarming over travel routes that were once the exclusive preserves of such major airlines as TWA. Delta and United. Feisty lilliputian lines are vying not only for the majors' abandoned routes but also for their profitable main intercity runs.

With bare-bones overhead and sharply discounted fares, some of the puddle jumpers are emerging as profitable winners. For example, while the giants were fighting over the Florida market...

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