Airtran may not give up

[fletch717]

maybe

 

[FlyWolf]

You two need to get a room

I tried, he's still playing hard to get hehehe

 

[FlyAirtran]

if Delta reduces capacity in ATL. Southwest will be one of the first to start sending airplanes in. It would be bad for Airtran in my opinion.

Also, what the heck did the ALPA letter say?

 

[Lear70]

I tried, he's still playing hard to get hehehe

You can be my "wingman" any time, man...

There were actually two letters.

One was an actual MEC Resolution to support Midwest's decision to reject the offer and remain separate. Basically a PR piece for the company to show to shareholders.

The second was an actual letter to the Midwest pilots, otherwise known as a Fast Read that basically said after doing their own analysis into both business plans, they believed it better not only for the company, but ALSO for the Midwest pilots for Midwest to remain separate.

They didn't say what they based their conclusion on and they didn't say anything negative about AirTran, simply said they thought it was better to go it solo.

Wasn't a big issue for us unless/until the deal happens, which is why I'd imagine you never saw it posted or emailed.

 

[FlyWolf]

you summed it up very well Lear

back to Capt Prater post

 

[EX_CV580FR8Dawg]

Whasamatta?

Jealous?

Are you and wolf on each other's companion passes?

it's nice to see the friendly banter and not the mudslinging!

 

[Lear70]

Give it a couple days, I'll get drunk and say something stupid.

 

[FlyWolf]

it's nice to see the friendly banter and not the mudslinging!

No, life is too short for that

 

[Ty Webb]

I had a conversation with Bob F. (#2) on friday night. He indicated this deal is far from over.

"Was it over when the Germans bombed Pearl Harbor? . . . . . Hell No!

.

 

[SkiFishFly]

if Delta reduces capacity in ATL. Southwest will be one of the first to start sending airplanes in. It would be bad for Airtran in my opinion.

Also, what the heck did the ALPA letter say?

Hopefully we are smart enough to pay whatever it takes to secure any gates for us. If we don't it could really cost us in the long run. We definitely could use a few more gates in ATL.

 

[Eagle757shark]

Has there been any information on the court case today in New York? AirTran went to court today in New York over releasing the address' of the shareholders. Does anyone know the verdict?

 

[FlyWolf]

Has there been any information on the court case today in New York? AirTran went to court today in New York over releasing the address' of the shareholders. Does anyone know the verdict?

I think its tomorrow Eagle

 

[Lifter]

It was today

AirTran goes to court

Published January 30, 2007 - BizTimes Daily
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The New York State Supreme Court was scheduled to hear a motion from AirTran Holdings Inc. today to force Midwest Air Group Inc. to release its list of shareholders.
AirTran contends that the Oak Creek-based parent company of Midwest Airlines is violating a New York statute that requires such a list to be released. AirTran said Midwest is attempting to block AirTran from communicating with Midwest's individual shareholders.
Midwest's board of directors is urging its shareholders to refrain from selling their shares to AirTran.
Orlando, Fla.-based AirTran's latest hostile takeover offer for Midwest is worth $345 million, or $13.25 in cash and AirTran stock for each Midwest share.
"While we believe it is unfortunate that AirTran has been forced to bring this matter to a court of law, we intend to pursue this matter expeditiously as it is imperative that the Midwest shareholders be given the right to review AirTran's offer and choose for themselves the best course of action for their company," AirTran stated when it announced the lawsuit last week.
Meanwhile, Lee Holloway, chairman of the Milwaukee County Board of Supervisors, is calling for the state, county and city pension funds to consider buying additional shares of Midwest stock to help prevent AirTran's takeover.
Holloway sent a letter to Wisconsin Gov. Jim Doyle, Milwaukee County Executive Scott Walker and Milwaukee Mayor Tom Barrett, urging them to explore the options. Holloway suggested that the Wisconsin Employee Trust Fund Board could purchse 2 million Midwest shares, the Milwaukee County Pension Board could purchase 1 million shares and the Milwaukee City Annuity and Pension Board could purchase 1 million shares.
"These boards have a vested interest to keep Midwest independent and based in Milwaukee County, and would vote in the best interests of the public, while retaining a reasonable rate of return for the pension funds, based on Midwest's growth plan," Holloway wrote. "Furthermore, we could call on the business community to follow suit. Large employers in southeastern Wisconsin might also see value in this approach and could be convinced to buy additional shares of Midwst stock. After all, Midwest's business model caters to the business traveler. Perhaps the MMAC (the Metropolitan Milwaukee Assocation of Commerce) could also be an ally in this approach."
For more information about the MMAC's position, visit last week's Milwaukee Business Blog posted by SBT at OnMilwaukee.com.


But haven't heard any results

 

[FlyWolf]

ok, I say again, I think its tomorrow

 

[fletch717]

It was today

AirTran goes to court

Meanwhile, Lee Holloway, chairman of the Milwaukee County Board of Supervisors, is calling for the state, county and city pension funds to consider buying additional shares of Midwest stock to help prevent AirTran's takeover.
Holloway sent a letter to Wisconsin Gov. Jim Doyle, Milwaukee County Executive Scott Walker and Milwaukee Mayor Tom Barrett, urging them to explore the options. Holloway suggested that the Wisconsin Employee Trust Fund Board could purchse 2 million Midwest shares, the Milwaukee County Pension Board could purchase 1 million shares and the Milwaukee City Annuity and Pension Board could purchase 1 million shares.

I've got an idea. Lets all buy stock in MEH that will be worth half if this deal does'nt go. Absolutely brilliant

Not slamming Midex, just the local government morons.