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AirTran Holdings seeks court order against Midwest Air Group

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So the nasty show down has begun. Isn't Midwest management violating security and exchange laws? This should be very interesting. Really surprised to see the effort AirTran Management is going after this one. What is plan B?
 
I know Eagle757 a lot of efforts and $$ spend by Airtran management. Don't understand why Airtran management didn't wait till the end of the ten days, there must be a reason, what do I know anyway
 
what is there to go to court over? Midwest does not want to sell to Airtran, so how can airtran take them to court over it?? get over it already they dont want to sell
 
THisistheDream,

I think that the decision to sell lays with the shareholders, not the management. Management can only evaluate and offer their recommendation to the shareholders who are technically the real "owners" of Midwest.

That's how I understand it. Does anyone else have any clarification on that?
 
ThisistheDream said:
what is there to go to court over? Midwest does not want to sell to Airtran, so how can airtran take them to court over it?? get over it already they dont want to sell
Click to expand...

Why don't you actually read the article . . . . . then try your damndest to formulate an articulate opinion based upon an understanding of the subject, and then try again.:rolleyes:


.
 
TV9, you are right, that's what happen when a company like Midwest is publicly traded. If it was a private company then Thisisthedream is right. However don't forget the poison pill and WI hostile takeover laws in place.
 
My scenario:
Forget Midwest, get the seventeen 71s from the desert and open a base or two somewhere else, expand the agreement with F9. That was easy to fix. Now about the water bottles... and the Sleep Inn at FNT.......
 
c9skytrain said:
My scenario:
Forget Midwest, get the seventeen 71s from the desert and open a base or two somewhere else, expand the agreement with F9. That was easy to fix. Now about the water bottles... and the Sleep Inn at FNT.......
Click to expand...

From what I understand those aircraft came from overseas, I believe Australia and there is a hefty tax to pay for anyone wanting to use those aircraft in the United States. At this time Boeing is not willing to eat that tax and is willing to sit on those aircraft and write them off right now because economically it works for them. Creating a new hub, that is a very expensive and very risky endeavor that I don't think AirTran can afford at this point. Who knows, maybe the new service to St Louis could open up an opportunity in the future to maybe build a hub there.
 
Sounds like Midwest management is trying to protect their jobs and AirTran management is forcing them to disclose the shareholder's addresses so they can pitch it directly.

Bet you money the judge allows it.

Even if it doesn't go through in the end, it's still amusing entertainment.
 
FlyWolf said:
So, what is the story with the water bottle exactly, it came up in more than one post?????
Click to expand...
The company came out with a memo that said, basically, that ANYTHING taken off the aircraft is considered THEFT, including water.

They allow you to DRINK the waters, juice, soft drinks, etc while flying, but also said in the memo that if you take it in between aircraft, you need to bring your own "sippy cup" to put it in.

Yeah, no sh*t.

They later rescinded the "taking the water between aircraft" thing and said it was OK to take your water bottle from one plane to another with an aircraft swap during the day.

The problem is, most people drink directly out of the bottle so when you come to an airplane with a half-empty water bottle on the flight deck, guess what everyone does?

That's right, we throw it away ANYWAY and get a fresh one out of the galley for our own use.

Kinda stupid, since they will get thrown away regardless, but it wouldn't be the first dumb thing that the bean counters threw out there. :rolleyes:

We now return you to your regularly-scheduled mud slinging. ;)
 
Here's my two cents:

Why don't we just drop the whole shebang. We'll look for another merge partner (Frontier, Alaska). While we're doing so the bottom falls out of MEH stock and the price retreats back to $6/share. Then we saturate MKE with new flights to many of the MEH destinations that we currently don't fly to (at a fraction of the price). MEH stock further plummits to $2/share. It won't be long before MEH shareholders are demanding a no confidence vote on the entire MEH BOD and calling for their resignations. Somewhere in there Airtran steps back in and offers $9/share for MEH. The shareholders will jump at the opportunity knowing what their stock will be worth if they don't accept the offer.

I really have a great deal of respect for the employees of Midwest Airlines. Unfortunately, all of the decision makers/influencers at the company are more interested in keeping their "cash cow" "big wig" jobs than with what's in the best long term interests of the shareholders and employees of the airline.
 
I don't think there are enough gates available in MKE to saturate flights. With our two gates we could probably do 14-18 per day. Not sure how many we have now.

Hey flywolf. I was thinking about this a few days ago. If the merger does go through and we start the training portion for you guys as to the
Airtran, read Eastern, way of doing things. (sorry couldn't resist). You guys are going to be in for quite a shock as to the corporate culture around here from Captains authority / Chief pilots office and so forth. We won't even talk about our customer service in ATL. By the way is midex authorized to do
Cat II and III approches?
 
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Just pick the biggest money maker destinations that aren't slot controlled (if that leaves any money makers).

I think it would work beautifully. Oh by the way it's not just going to be AAI roaring into MKE. NW is planning a large assault on that airport as well. On the "street"- perception is reality. It doesn't take much to cause a drop in the MEH stock (us retracting our offer will most definitely return MEH to its original pre-offer price, or lower)
 
No, not authorized to do Cat II or III, we started training for it and then they discontinued the training. I think cost might be a factor.
 
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Someone who has more info may enlighten me. A pilot friend of mine observed some stock being bought in regular chunks at off peak times. He thought it was an odd pattern. Some thought that maybe Eastshore Aviation might have had a hand in it. Wonder if that name will pop up in the court proceedings.
 
AFcitrus said:
Here's my two cents:

Why don't we just drop the whole shebang. We'll look for another merge partner (Frontier, Alaska). While we're doing so the bottom falls out of MEH stock and the price retreats back to $6/share. Then we saturate MKE with new flights to many of the MEH destinations that we currently don't fly to (at a fraction of the price). MEH stock further plummits to $2/share. It won't be long before MEH shareholders are demanding a no confidence vote on the entire MEH BOD and calling for their resignations. Somewhere in there Airtran steps back in and offers $9/share for MEH. The shareholders will jump at the opportunity knowing what their stock will be worth if they don't accept the offer.

I really have a great deal of respect for the employees of Midwest Airlines. Unfortunately, all of the decision makers/influencers at the company are more interested in keeping their "cash cow" "big wig" jobs than with what's in the best long term interests of the shareholders and employees of the airline.
Click to expand...


That sounds like the best idea i've heard yet. Believe it or not, most of us do not want to work for critter.
 
717capt said:
I don't think there are enough gates available in MKE to saturate flights. With our two gates we could probably do 14-18 per day. Not sure how many we have now.

Hey flywolf. I was thinking about this a few days ago. If the merger does go through and we start the training portion for you guys as to the
Airtran, read Eastern, way of doing things. (sorry couldn't resist). You guys are going to be in for quite a shock as to the corporate culture around here from Captains authority / Chief pilots office and so forth. We won't even talk about our customer service in ATL.
Click to expand...

Not sure how that would play out. The training environment at YX is ideal. Not that FL's is bad, just what I have observed, heard and been through back nine years ago there is no comparison. Both airlines produce great pilots but there is no stress, intimidation, threats, yelling, disrespect, etc. I hope if this goes through that the new company will integrate Yx's training policies vs. FL's or there may be a lot of empty classrooms and sims as most of these guys will not take any of the above one bit. These guys dealt with some of the worst training treatment until the old regime was kicked out when ALPA got on the property around 1999 that there is zero tolerance for that crap now. It also helped that YX had a couple old TWA guys run Flight ops for awhile and their goal was to essentially remove the word test from the training manual.

Yx's CP's office is the same revolving door like FL's. Doubtful that Yx's pilots could get FL's CP's office to put seat cushions in the flightdeck as they have with YX.
 
AFcitrus said:
NW is planning a large assault on that airport as well.
Click to expand...

NW already gave up their "assault" on Midwest in MKE. It was a dismal failure. The IND operation to break down ATA worked pretty well and NWA still has a sizeable presence there, but MKE never worked out. Very few cities continue to be served out of MKE now by NWA.
 
Hey Midwest guys, how's Arnie Kellen doing? I heard it might be a while before he's back on his feet. He was a great guy at TWA, and i'm hoping that some of that personality could get absorbed here at FL. There are about 50 of us TWA'ers over here now trying to nudge the corporate culture in the right direction, but it sure would be nice to have some of it coming from the top down....
 
Unfortunately, all of the decision makers/influencers at the company are more interested in keeping their "cash cow" "big wig" jobs than with what's in the best long term interests of the shareholders and employees of the airline.

AFCitrus, sounds like our Mgmt.
 
AFcitrus said:
Just pick the biggest money maker destinations that aren't slot controlled (if that leaves any money makers).

I think it would work beautifully. Oh by the way it's not just going to be AAI roaring into MKE. NW is planning a large assault on that airport as well. On the "street"- perception is reality. It doesn't take much to cause a drop in the MEH stock (us retracting our offer will most definitely return MEH to its original pre-offer price, or lower)
Click to expand...

The reason I said it won't work AFcitrus is that we have been through that before, we have a very loyal customer base and never take them for granted, but we always try harder, NWA gave up and not for the lack of trying, as a matter of fact we used to have very few flights on Midwest connect to MSP, but now we have 5 round trips a day to MSP on the 717 with very good loads.

In MCI we are doing great even with giant SWA in town, we provide a different type of service, and always build a loyal customer base where ever we operate. Its always fun when we get some stranded passenger from other airlines for canceled flights or whatever and see the expression on their faces when they get onboard.

Stock-wise, it was at $9.70 before the merger news, even it goes down to the pre-merger news value we still doing much better than $1.50 we reached about 2 -3 years ago, I don't see why it would go lower than the $9.70 range since we had a positive 4th quarter and a good year. I think that we turned the corner.


Said that, I wish you at Airtran all the best.

Cheers
 
TV9Driver said:
Hey Midwest guys, how's Arnie Kellen doing? I heard it might be a while before he's back on his feet. He was a great guy at TWA, and i'm hoping that some of that personality could get absorbed here at FL. There are about 50 of us TWA'ers over here now trying to nudge the corporate culture in the right direction, but it sure would be nice to have some of it coming from the top down....
Click to expand...

TV9, Yes Arnie had a great and positive influence on our flight ops dept. last I heard he was doing better and walking using a walker, he will begin a long rehab process very soon. Glad to see few TWA guys at Airtran.
 

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