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bizjournals.com
AirTran urges Midwest to come to negotiating table
Thursday February 15, 3:12 pm ET
AirTran Holdings Inc. reported Feb. 15 the federal waiting period for its proposed $345 million buyout of Midwest Air has expired.
"The Department of Justice's determination not to challenge AirTran's acquisition of the stock of Midwest during the waiting period, is an important milestone on the path to combining AirTran and Midwest," said Joseph Leonard, chairman and CEO of AirTran. "As we have frequently said, the combination of AirTran and Midwest is pro-competitive and the merger of our two airlines will create a stronger, more diversified airline, better able to withstand competition from other airlines, offer greater job security to employees and provide more service to the cities currently served by both airlines."
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Airtran (NYSE: AAI - News) is trying to buy Milwaukee-based Midwest Air Group Inc. (NYSE: MEH - News) to create a low-fare carrier with revenue of about $3 billion in 2007. However, Midwest on Jan. 25 rejected the unsolicited offer calling it "opportunistic" and saying it "undervalues" the company.
Leonard said Thursday he hoped that with the expiration of the waiting period required under the Hart-Scott-Rodino Antitrust Improvements Act that Midwest will "consider the benefits to their stakeholders and sit down with us to negotiate a definitive agreement."
Orlando, Fla.-based AirTran hubs at Hartsfield-Jackson Atlanta International Airport.
Published February 15, 2007 by the Atlanta Business Chronicle</I>
Frontier?bizjournals.com
Frontier Airlines adds Orlando service
Thursday February 15, 3:42 pm ET
Beginning May 12, Frontier Airlines will begin a daily, nonstop service between Memphis, Tenn., and Orlando International Airport.
The service will leave Memphis International Airport at 3:20 p.m. and arrive in Orlando at 6:20 p.m. The return service will leave Orlando at 5:25 p.m. and arrive in Memphis at 6:30 p.m. All times are local.
Denver-based Frontier Airlines (Nasdaq: FRNT - News) is in its 13th year of operations and is the second-largest jet service carrier at Denver International Airport.
In November, Frontier and Orlando-based AirTran Airways announced an integrate marketing partnership that offers travelers the ability to reach more than 80 destinations in four countries.
Published February 15, 2007 by the Orlando Business Journal
that was Horizon.OK... my bad.
Keep seeing 70-seater CRJ's in Frontier colors in MEM. Who dat be?![]()
The beatings will continue until you submit to our will!!![]()
Don't be rude... I always thought it was Mesa; never really even cared that much to look into it enough to know for certain.Common Lear.. For a guy who seems to think he knows alot about the industry, you should at least know that Horizon is F9's commuter carrier.. And that is about to change as well.....