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skyway, Jim Rankin meeting?

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Expect another Rah-Rah! (moral booster), for the troops. Along with the, "We are still looking at acquiring some 328's at a reduced cost." I have been to enough of these meeting in the past to know that there will be no new revelations about the company. If you check this board on a regular basis, you will find out what is going on more quickly than waiting for a "Chat with Jim".
 
FOR IMMEDIATE RELEASE

July 10, 2006





Air Wisconsin Airlines Corporation Names New CEO



[FONT=Times New Roman, serif]APPLETON, WI, -- July 10, 2006 - Air Wisconsin Airlines Corporation (AWAC) today announced that it has hired James P. Rankin as President and CEO. Rankin is currently President and CEO of Skyway Airlines, Inc., a wholly owned subsidiary of Midwest Air Group, Inc.[/FONT]


[FONT=Times New Roman, serif] “We are extremely pleased to have someone of Jim’s caliber joining Air Wisconsin,” said Patrick J. Thompson, the company’s current CEO. “Jim is a strong leader with great operational and business acumen. When we join Jim with our CFO, Christine Deister, and the other officers of Air Wisconsin, we believe we have a leadership team that can take Air Wisconsin to new heights.”[/FONT]


[FONT=Times New Roman, serif]Rankin has been with Midwest Air Group since first joining Skyway as a pilot in 1990. Within a few years, he moved through the positions of Chief Pilot and Director of Operations at Skyway before moving to Midwest Express Airlines in 1995. In addition to his current position as President and CEO of Skyway, Rankin also holds the position of Senior Vice President and General Manager of Midwest Airlines Saver Service, Midwest’s lower fare leisure product.[/FONT]


[FONT=Times New Roman, serif] Rankin said, “I am very excited about joining Air Wisconsin Airlines, a company with a rich and distinguished heritage, and I look forward to working with AWAC’s 2,300 plus employees to further position the company for growth in the highly-competitive airline industry.”[/FONT]


[FONT=Times New Roman, serif] Rankin holds a bachelor’s degree from Carroll College as well as an M.B.A. from Northwestern University’s Kellogg School of Management. He will assume his new position August 1.[/FONT]


[FONT=Times New Roman, serif] Rankin will succeed Thompson, who took over as interim CEO in April after AWAC’s long-time CEO, Geoffrey Crowley, left the position to head up an investment company owned by AWAC’s shareholders. Thompson will rejoin William Jordan as the company’s Vice Chairmen. [/FONT]


[FONT=Times New Roman, serif] AWAC operates as US Airways Express scheduling nearly 500 departures per day to 70 cities in 27 states and two Canadian provinces. It has a fleet of 70 Canadair Regional Jets and is the largest privately held regional airline in the United States. Additional information about AWAC can be found at [/FONT][FONT=Times New Roman, serif]www.airwis.com[/FONT][FONT=Times New Roman, serif].[/FONT]
 
Hmmmm, I wonder if this will fuel rumors about AWAC getting the Midwest flying.....
 
did this come from "chat with Jim"? The last one of his meetings I went to 150 people quit the within the next month cause "we" couldn't land the big game....(Delta) but it was quite the learning experience and he wasn't sorry that he went through the motions. We gave it our best shot!
 
I was at SYX when they are working on the Delta deal. They kept telling us it is happening soon until the day it fall apart. Don't drink the kool aid, the mgnt are bunch of liars.
 
what's this?

I left skyway when the delta deal crapped out then went to AWAC. I hope he doesn't blow anymore deals for us.
 
8AF said:
Looks like he is abandoning ship. SYX will not be around much longer.

8AF...were you at the meeting? Give it a rest you lame a$$ think before you speak a$$hole
 
and im sure it is all his fault wackjob
 
The timing of this is very interesting. To me it would seem like a slap in the face of AWAC if they don't get the contract. I liked Jim and thought he always had good intentions. In the end, all he was, was a dog on a leash of the suits at Midwest. He had no freedom in his job because Midwest cut's the checks and tells him what he can/can't say. It's a shame but the reality of the job. I wish him luck at AWAC where I think he will do alot of good. I wish Skyway luck but I think an announcement is coming soon and I doubt it will be good for the pilots here.
 
last i heard, awac wanted to much and midwest wasnt going to pay as much as they wanted. but who knows, i thought my source was credible, we will have to see this whole thing is starting to smell like fish though!

anyone go to the meeting last night? wasnt able to go. did jim talk about his departure?
 
im not sure i can post it, but i have the minutes from the council 60 meeting. have to ask our MEC first.
 
JR said that he was not involved in the RFP process as it would be a conflict of interest. He also said that his decision to leave SYX was independant to the RFP, just better opportunities for him and his family at Air Wisconsin. ( I guess more $$ and actually the ability to manage the company, unlike at SYX where everything is dictated by YX).

He sees a promissing future for SYX in the long run, just that at this point 50 seaters cannot be financed as the market is flooded with them. SYX could potentialy finance 90 seaters, as banks would be willing to invest in those, but it won't happen because Midwest is flying 88 seaters (717), so its regional carrier cannot fly bigger 90 seaters!

May be it's time for SYX ro get the 717s! and YX some A-320's!
 
appendix said:
JR said that he was not involved in the RFP process as it would be a conflict of interest. He also said that his decision to leave SYX was independant to the RFP, just better opportunities for him and his family at Air Wisconsin. ( I guess more $$ and actually the ability to manage the company, unlike at SYX where everything is dictated by YX).

He sees a promissing future for SYX in the long run, just that at this point 50 seaters cannot be financed as the market is flooded with them. SYX could potentialy finance 90 seaters, as banks would be willing to invest in those, but it won't happen because Midwest is flying 88 seaters (717), so its regional carrier cannot fly bigger 90 seaters!

May be it's time for SYX ro get the 717s! and YX some A-320's!

This is wishful thinking. They don't even have / want to spend money on the 1900. That doesn't make sense to me; if the market is flooded with 50s they should be able to get a good deal. The ability to finance also reflects the ability of the company to make payments. People, you have to be realistic, not overly optimistic.
 

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