On Friday, Jaunted referred to Midwest’s current struggle to avoid bankruptcy as a “death spiral,” and, today, Budget Travel’s blog This Just In wondered whether Midwest might soon be disappearing under the larger umbrella of Delta and Northwest. The latest rumblings in the blogosphere come after the airline had admitted bankruptcy as a possibility in its future, if capacity cuts and employee layoffs don’t ameliorate the situation.  The airline has even gone so far as to ask the officials at Milwaukee’s General Mitchell Airport, one of its hubs, to lower its gate fees. Things certainly don’t look good for the small U.S. carrier best known for leather seats and chocolate chip cookies.

Shall we queue up that all-too-familiar Queen track again? Time will tell.

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