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Airtran Raises Bid For Midwest  
User currently offlineMainland From United States of America, joined Jun 2004, 309 posts, RR: 0
Posted (7 years 8 months 2 weeks 2 days 22 hours ago) and read 9528 times:

To $345 million, story to come


You don't need a passport to know what state you're in...
178 replies: All unread, showing first 25:
 
User currently offlineMainland From United States of America, joined Jun 2004, 309 posts, RR: 0
Reply 1, posted (7 years 8 months 2 weeks 2 days 22 hours ago) and read 9532 times:

Here's the AP press release:
http://biz.yahoo.com/ap/070111/airtran_midwest_air.html?.v=1

ORLANDO, Fla. (AP) -- AirTran Holdings Inc., parent of low-fare airline AirTran Airways, on Thursday raised its bid for Milwaukee-based Midwest Air Group to $345 million in cash and stock from about $290 million.

Midwest rejected the initial bid in early December, and said Wednesday that offer undervalued the company and didn't reflect the long-term opportunity inherent in Midwest Air's strategic growth plan. The Milwaukee-based carrier maintained it is better off as a standalone company.

AirTran is now offering to pay $13.25 per Midwest share, based on AirTran's Monday closing stock price on the New York Stock Exchange. The amount is $2 per share more than AirTran's October offer, and represents a 61 percent premium to the 30-day average closing price of Midwest stock at the time of the initial proposal.

The new bid consists of about $6.63 in cash and 0.5884 shares of AirTran common stock for each Midwest share.

"We are committed to bringing these two great airlines together to form an even better airline based on our conviction that it is in the best interests of Midwest and AirTran shareholders, the employees of both companies and the communities the air carriers serve," Leonard said in a statement.

AirTran is making the offer through its newly formed subsidiary, Galena Acquisition Corp. The exchange offer is set to expire on Feb. 8 unless extended.
---------
Edit: Here's the PR from AirTran, it has some more details and direct quotes:
http://biz.yahoo.com/prnews/070111/nyth048.html?.v=83

[Edited 2007-01-11 13:14:11]

[Edited 2007-01-11 13:14:37]


You don't need a passport to know what state you're in...
User currently offlineRJ From United States of America, joined Mar 2001, 198 posts, RR: 1
Reply 2, posted (7 years 8 months 2 weeks 2 days 21 hours ago) and read 9457 times:

Well, that should about do it.

Looks like Airtran got favorable feedback from the shareholders. They will deal directly with them in order to bypass Midwest's management if I am reading this correctly.

Webcast at 10:00 a.m.

Happy flying!!!

RJ


User currently offlineDeltaDAWG From United States of America, joined May 2006, 776 posts, RR: 1
Reply 3, posted (7 years 8 months 2 weeks 2 days 21 hours ago) and read 9456 times:

This is becoming very interesting. I didn't think Joe Leonard and company would back down from this.

Will investors make the board consider this or will the cookie tower close the doors again?

How much more will AirTran go up on the bid if need be? How much cash on hand do they have, anyone?

Has anyone in the MKE authority made any comments one way or another?



GO Dawgs, Sic' em, woof woof woof
User currently offlineAirTran737 From United States of America, joined Apr 2004, 3704 posts, RR: 12
Reply 4, posted (7 years 8 months 2 weeks 2 days 21 hours ago) and read 9434 times:
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This is five million dollars under the price that I said it would take to get YX. Let's see if I was in the right ballpark. Hopefully YX will listen a bit more now.


Nice Trip Report!!! Great Pics, thanks for posting!!!! B747Forever
User currently offlineAirTran737 From United States of America, joined Apr 2004, 3704 posts, RR: 12
Reply 5, posted (7 years 8 months 2 weeks 2 days 20 hours ago) and read 9392 times:
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An article from Jsonline.com http://www.jsonline.com/watch/?watch=1&date=1/11/2007&id=17117

filler



Nice Trip Report!!! Great Pics, thanks for posting!!!! B747Forever
User currently offlineBH From United States of America, joined Jul 2001, 525 posts, RR: 1
Reply 6, posted (7 years 8 months 2 weeks 2 days 20 hours ago) and read 9382 times:

Carol Skornicka, Midwest's senior vice president of corporate affairs, said the company's board "won't be engaged directly in responding" to the offer. She said it "was somewhat surprising that they would go directly to shareholders at this stage."

"We expected that they would do something. They said they would be back. This is kind of an accelerated process," she said.


I guess FL did not want to mickey-mouse with the board anymore and just wanted things to get rolling.

Sounds like YX corprate is a little suprised, maybe they were planning on dragging things out like before in hopes of FL backing out once again. I guess Joe wasnt lying when he said "we will not be approaching this in the same manner as previous offers."


User currently offlineBH From United States of America, joined Jul 2001, 525 posts, RR: 1
Reply 7, posted (7 years 8 months 2 weeks 2 days 20 hours ago) and read 9341 times:

http://pressroom.airtran.com/phoenix...l-newsArticle&ID=949384&highlight=

January 11, 2007

Board of Directors
c/o Mr. Timothy E. Hoeksema
Chairman, CEO and President
Midwest Air Group Inc
6744 South Howell Avenue
Oak Creek, WI 53154

Dear Members of the Board:


AirTran Holdings, Inc. today is announcing an exchange offer for all of the outstanding shares of Midwest Air Group for $13.25 per share, based on the closing price of AirTran common stock on January 8, 2007. The offer consists of $6.625 in cash and 0.5884 shares of AirTran common stock for each Midwest share. The total equity value of the exchange offer is $345,000,000.

In our October 20, 2006, proposal to you we indicated that we were prepared to enhance the value then offered $11.25 per share for all of Midwest's outstanding shares if you were to permit us to do some limited due diligence to better understand your company. We emphasized that same point when on December 13, 2006, we disclosed our proposal to your shareholders with an expectation that you would permit us to go forward on that basis. Since we have heard nothing from you during the ensuing month, you gave us no choice but to bring our offer directly to the owners of the company.

The decision to take this step and initiate a process that is governed by SEC regulations and a fixed timetable was one that was taken after very careful thought. I should add that the decision to unilaterally increase, by $2 per share, or nearly 18 percent, the consideration we are now willing to pay over the already fair and full offer we first proposed to you on October 20, 2006, (which in itself was a 37 percent premium to the value then being accorded Midwest by the investment community and an 89 percent premium over the six months average price of your company's stock) was also not an easy decision for us to make. However, we are willing to take this step because we fully believe that a combined AirTran and Midwest, whose shareholder base will consist of holders of both of our companies, will generate the value needed to justify our increased offer.

Aside from the financial benefits that we see emanating from this transaction for our respective shareholders, the combination will also provide value to your other stakeholders as well. Namely, a combined AirTran and Midwest will materially expand service to Milwaukee and the other communities that you presently serve and the new company will provide an overall net increase in jobs and bring added job security and growth opportunities to your employees.

Now that we have put into motion a process that has a definite timetable,
we hope we can negotiate a definitive merger agreement. We look forward to
hearing from you shortly.

-------------------------------------
This letter sure is a lot more aggressive than previous ones.


User currently offlineMlsrar From United States of America, joined Mar 2000, 1417 posts, RR: 8
Reply 8, posted (7 years 8 months 2 weeks 2 days 20 hours ago) and read 9332 times:

Quoting AirTran737 (Reply 4):
Hopefully YX will listen a bit more now.

The onus now falls on the shareholders to evaluate whether their investment will yield more with their money in the hands of FL or YX.

Leonard was on 620TMJ this morning, drawling on about how he was "stonewalled," by the BOD...



I mean, for the right price I’ll fight a lion. - Mike Tyson
User currently offlineSideflare75 From United States of America, joined May 2005, 613 posts, RR: 1
Reply 9, posted (7 years 8 months 2 weeks 2 days 20 hours ago) and read 9293 times:

This just keeps getting more interesting everyday. Joe did say this morning he guarantees everyones job except of course upper management. I still would like to know how that part is going to work. He also said that Midwest was just copying AirTran by putting some 2 by 2 rows into the MD-80's. I thought that was kinda funny.

User currently offlineAirTran737 From United States of America, joined Apr 2004, 3704 posts, RR: 12
Reply 10, posted (7 years 8 months 2 weeks 2 days 20 hours ago) and read 9276 times:
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Quoting Sideflare75 (Reply 9):
He also said that Midwest was just copying AirTran by putting some 2 by 2 rows into the MD-80's. I thought that was kinda funny.

Seems like the truth though doesn't it?



Nice Trip Report!!! Great Pics, thanks for posting!!!! B747Forever
User currently offlineMlsrar From United States of America, joined Mar 2000, 1417 posts, RR: 8
Reply 11, posted (7 years 8 months 2 weeks 2 days 20 hours ago) and read 9258 times:

I do have to say that FL handled the delays with the extreme weather in ATL last week fairly well. I had to get to Smyrna on the morning of the 6th, so I left MKE Friday night on FL.

There appeared to be bedlam, as US and YX had sent a huge number of cruise pax over to FL. While I was admittedly hiding in the WC  Smile, when I came out, in spite of the chaos, the GA was exceptional.

Unfortunately, the positive soft-product was not enough to overcome, IMHO, the substandard hard product  Sad



I mean, for the right price I’ll fight a lion. - Mike Tyson
User currently offlineVivavegas From United States of America, joined Apr 2004, 505 posts, RR: 1
Reply 12, posted (7 years 8 months 2 weeks 2 days 19 hours ago) and read 9251 times:

Quoting Sideflare75 (Reply 9):
except of course upper management

Carol Skornicka with her sharp tongue will be the first cardboard box on Howell Avenue. I think I saw Joe @ Office Depot this morning buying the box.

Done deal boyz,

Craig
MKE



MKE / EYW / LAS - The true trifecta of aviation!
User currently offlineMainland From United States of America, joined Jun 2004, 309 posts, RR: 0
Reply 13, posted (7 years 8 months 2 weeks 2 days 19 hours ago) and read 9231 times:

The board at Midwest still needs to waive the poison pill -- until then this deal is far from done.


You don't need a passport to know what state you're in...
User currently offlineBH From United States of America, joined Jul 2001, 525 posts, RR: 1
Reply 14, posted (7 years 8 months 2 weeks 2 days 19 hours ago) and read 9223 times:

Quoting Vivavegas (Reply 12):
Done deal boyz

I also see this as a done deal. I just hope that YX realizes this and does not try to smear FL's image during the process. Doing so could would hinder FL public image in MKE and cause possible problems for FL when they start up, ultimately effecting the YX/soon to be FL employees the most.

Eventhough FL/Yx have not formally engaged in talks, I hope they do soon so the outcome can be the best for all that are willingly or unwillingly involved.


User currently offlineKnope2001 From United States of America, joined May 2005, 2917 posts, RR: 30
Reply 15, posted (7 years 8 months 2 weeks 2 days 19 hours ago) and read 9223 times:

From an FAQ on the AirTran website:

7. What are the Terms and Conditions of the Offer?
There are a number of standard and regulatory terms and conditions included in our tender offer. Of particular importance in this situation is that the tender offer is contingent on the Midwest Board of Directors disarming their "poison pill" provision and that all provisions of the Wisconsin Control Share Act and Wisconsin Business Combination Statue have been met.


I find it very funny that two conditions of the offer are (a) that Midwest willing disarm the poison pill provision which they inplemented to stop just this sort of takeover, and (b) Midwest accept this offer as a non-hostile-takeover so that similar anti-takeover measures which the State of Wisconsin has enacted will not apply.


Let's show the folly of this with an anaology.

I want you to marry me. You don't want to marry me.

I try to convince you to change your mind, but you don't budge.

Then I try to convince you harder to marry me, but I say "if you don't dress prettier and buy me a new car, I won't marry you"

If you don't want to marry me in the first place, WHY would you dress prettier and buy me a car??


Anything is possible, and I'm sure Midwest doesn't want to have to fight off hoards of unhappy shareholders. It would take a few years to vote out the board if there are enough angry ones. But I don't see how AirTran can possibly convince the BoD to remove the poison pill unless they convince the BoD to accept the offer. What other cards does AirTran have to play?


User currently offlineKnope2001 From United States of America, joined May 2005, 2917 posts, RR: 30
Reply 16, posted (7 years 8 months 2 weeks 2 days 19 hours ago) and read 9209 times:

Quoting RJ (Reply 2):
Looks like Airtran got favorable feedback from the shareholders. They will deal directly with them in order to bypass Midwest's management if I am reading this correctly.

Do you possibly think that AirTran would spin this any other way?? We have zero way of knowing this. Midwest of course claims that shareholders broadly believe an independent Midwest is in the best interest of shareholders, employees and the community.

Joe Leonard isn't doing this for the employees or the communities or the shareholders. He's doing it because his company is in trouble and he's running out of good options. Pressure is growing on him to DO SOMETHING because things are trending the wrong way.


User currently offlineBH From United States of America, joined Jul 2001, 525 posts, RR: 1
Reply 17, posted (7 years 8 months 2 weeks 2 days 19 hours ago) and read 9208 times:

Quoting Mainland (Reply 13):
The board at Midwest still needs to waive the poison pill -- until then this deal is far from done.

I am not sure, but the way I read the news the release, the deal is structured so it can not be greatly affected by the poison pill. Hopefully someone could elaborate on this since I am not a M&A expert.


User currently offlineAirTran737 From United States of America, joined Apr 2004, 3704 posts, RR: 12
Reply 18, posted (7 years 8 months 2 weeks 2 days 19 hours ago) and read 9200 times:
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Quoting Mlsrar (Reply 11):
do have to say that FL handled the delays with the extreme weather in ATL last week fairly well. I had to get to Smyrna on the morning of the 6th, so I left MKE Friday night on FL.

There appeared to be bedlam, as US and YX had sent a huge number of cruise pax over to FL. While I was admittedly hiding in the WC , when I came out, in spite of the chaos, the GA was exceptional.

Unfortunately, the positive soft-product was not enough to overcome, IMHO, the substandard hard product

Wish you would have told me you were flying the Tran, I could have made a phone call and gotten you a comp upgrade. Oh well, maybe next time.

Quoting Vivavegas (Reply 12):
Carol Skornicka with her sharp tongue will be the first cardboard box on Howell Avenue. I think I saw Joe @ Office Depot this morning buying the box.

Done deal boyz,

I fully agree. A couple years ago we had to take he as a non-rev on one of our flights and she was a rag, just a bad attitude. She was peeved that we didn't throw her a comp upgrade.

I do feel sorry for some of those in the Cookie Palace. Mary Blundell is a good friend, I have know her daughter for years, and would stop by her house from time to time to talking about our respective companies. She is a very dedicated YX employee who has been there since the beginning, but FL has Jack Smith and won't need another VP of Customer Service. One of the many corporate casualties no doubt.



Nice Trip Report!!! Great Pics, thanks for posting!!!! B747Forever
User currently offlineRumorboy From United States of America, joined Aug 2002, 356 posts, RR: 1
Reply 19, posted (7 years 8 months 2 weeks 2 days 19 hours ago) and read 9184 times:

Whether you agree with it or not the shareholders are getting a premium for MEH. IF Airtran decides to pull the offer you will see lots a lawsuits and a lot management being fired. Shares will go down to the 7's. Thats a lot of money left on the table because of ego's.

User currently offlineDeltaDAWG From United States of America, joined May 2006, 776 posts, RR: 1
Reply 20, posted (7 years 8 months 2 weeks 2 days 19 hours ago) and read 9168 times:

At this pooint, would it not be in the best interest of YX's BoD to sit down with FL and try and iron out a deal?

If nothing else to keep their jobs.



GO Dawgs, Sic' em, woof woof woof
User currently offlineJpetekYXMD80 From United States of America, joined Jul 2003, 4389 posts, RR: 27
Reply 21, posted (7 years 8 months 2 weeks 2 days 19 hours ago) and read 9162 times:

After reviewing their presentation, AirTran is officially full of shit.

Quoting AirTran737 (Reply 10):
Quoting Sideflare75 (Reply 9):
He also said that Midwest was just copying AirTran by putting some 2 by 2 rows into the MD-80's. I thought that was kinda funny.

Seems like the truth though doesn't it?

Are you freaking kidding me!? Thank you AirTran for pioneering a 2-class system. Ridiculous.



The Best Care in the Air, 1984-2009
User currently offlineBH From United States of America, joined Jul 2001, 525 posts, RR: 1
Reply 22, posted (7 years 8 months 2 weeks 2 days 19 hours ago) and read 9164 times:

Quoting Knope2001 (Reply 15):
Let's show the folly of this with an anaology.

I want you to marry me. You don't want to marry me.

I try to convince you to change your mind, but you don't budge.

Then I try to convince you harder to marry me, but I say "if you don't dress prettier and buy me a new car, I won't marry you"

If you don't want to marry me in the first place, WHY would you dress prettier and buy me a car??

I agree with you, but I think YX will agree if they really care about their employees and community. If FL is going to take YX hostile and they use the pill, it will make it very difficult for FL to become stable in MKE which will cause problems for the city and employees. Some times its just better to wave the  whiteflag  as much as you may not want too, and let things have a better chance at working out than make it harder for the workers and the city.


User currently offlineAirTran737 From United States of America, joined Apr 2004, 3704 posts, RR: 12
Reply 23, posted (7 years 8 months 2 weeks 2 days 19 hours ago) and read 9149 times:
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Quoting JpetekYXMD80 (Reply 21):
Are you freaking kidding me!? Thank you AirTran for pioneering a 2-class system. Ridiculous.

Taking a low fare model (Saver Service) and putting business class seats in it. Woo was first do it? AirTran. TZ then copied it, followed by NK, and then YX. So yes, YX copied it.



Nice Trip Report!!! Great Pics, thanks for posting!!!! B747Forever
User currently offlineMlsrar From United States of America, joined Mar 2000, 1417 posts, RR: 8
Reply 24, posted (7 years 8 months 2 weeks 2 days 19 hours ago) and read 9147 times:

Quoting AirTran737 (Reply 18):
Wish you would have told me you were flying the Tran, I could have made a phone call and gotten you a comp upgrade. Oh well, maybe next time.

Yeah, I carry no ID to be made out as a a.netter (Flyertalk on the other hand...), but maybe you helped me score an exit-row when I checked in? Either way, I remember the look on whoever's face was behind the counter when the flood of people from US and YX came over...



Quoting AirTran737 (Reply 18):
I do feel sorry for some of those in the Cookie Palace. Mary Blundell is a good friend, I have know her daughter for years, and would stop by her house from time to time to talking about our respective companies. She is a very dedicated YX employee who has been there since the beginning, but FL has Jack Smith and won't need another VP of Customer Service. One of the many corporate casualties no doubt.

Wouldn't the corporate culture at FL, as it is in other merger situations, dictate that, at least in some C/V-level jobs, you have to re-interview to keep/retain your job in order to put the best person in the position?



I mean, for the right price I’ll fight a lion. - Mike Tyson
25 Rumorboy : Maybe Jack should retire and let her be VP of customer service. She may actually do some good and needed customer service improvments on the Airtran
26 Mainland : Make it damn near impossible is more like it -- here's some analysis on the poison pill from one of the older threads. I'll need to rework the math n
27 Flyingchoirboy : I'm crossing my fingers for this merger. I fly AirTran frequently between BOS-ATL, and I think that this will make them a more profitable and, overall
28 RJ : Knope2001: I believe that AirTran must have gotten enough feedback from investors that they think that they could pull off this deal. Why else would t
29 JpetekYXMD80 : AirTran's assessment of the MKE market in their presentation should win a Pulitzer prize for fiction. I see no committment to, or understanding of, th
30 Sideflare75 : I meant he made it sound like AirTran invented the concept of two class service. Besides adding this to 8 MD-80's out of a fleet of 36 airplanes isn'
31 JpetekYXMD80 : Yeah, right. I hope Santa brings me a pony for Christmas. No thanks. I'll just fly United all the time then, and many people here will do the same wi
32 BH : Yes but they have their own MX personal for almost everything else, They have not furloughed hundreds of mech. to bring in outsourced mech. for line
33 Knope2001 : Wow. I hardly know how to respond to that. If you think there isn't a huge amount of spin you're remarkaly naive. It is *possible* that significant n
34 AirTran737 : You guys did your own heavy mx and got outsourced after 813 came online. AirTran has never done their own heave mx therefore there have never been jo
35 Sideflare75 : I'm not sure if you are insinuating that YX did this but they didn't. What exactly is the difference there? It sounds like we are splitting hairs. We
36 SkyexRamper : I'm going with $400M as the breaking point for Timmy and his goons.
37 DAYflyer : The board of Midwest has a fudiciary responsibility to now accept the offer. It should move forward quickly.
38 Sideflare75 : How ironic that the son of the Co-Pilot of flight 191 is a long time employee of Midwest Airlines.
39 Mikey711MN : Remotely at best. -Mike
40 Knope2001 : AirTran’s presentation seems very geared now at two things (1) Revenue is concentrated in top 20 markets AirTran claims that Midwest is exceptionall
41 Mainland : Highlights from the conference call: -AirTran generally feels Midwest has a very weak business plan. They feel MKE is an underutilized hub, YX is buil
42 Mainland : They have no such duty to accept the offer. A $2 increase in the offer price does not automatically warrant acceptance.
43 AirTran737 : Boy you YX lovers are grasping for anything now aren't you? You know the end of YX is near don't you. I am all for selling my 200 shares of YX to FL.
44 SkyexRamper : HEHEHE...I hear you loud and clear. Sooo yeah....the Midwest name died with the end of Midwest Express.
45 Northwestewr : Keep Midwest my Midwest ! If this goes through YX / FL lose my business to Northwest.
46 CMB320 : I believe America West was the pioneer of Low Fare, Full Service operations. Airlines like AirTran copied that from HP.
47 DeltaDAWG : Oh, and if Southern merges with North Central Airlines to form Republic then they are going to lose your business. And if Republic merges with Northw
48 Post contains links Daus : http://www.jsonline.com/watch/?watch=1&date=1/11/2007&id=17138 THURSDAY, Jan. 11, 2007, 11:57 a.m. By Tom Daykin UPDATE: Midwest asks for time to resp
49 Northwestewr : I fly YX for their superior service and when FL destroys that by taking them over then I'll go back to my other carrier of choice. My family and I ha
50 MSYtristar : Personally I think this is too good of a deal for the YX shareholders to pass up. I think that we'll see more 717's with the big "A" on the tail befor
51 Post contains images Daus : The new startup airline (from AirWisconsin and YX Refugees) which will mimic Midwest's old level of service and destinations. OK, it's only a dream n
52 B737700doctor : When are you all going to realize it's not about service this is the year 2007. Service died when deregulation was born. Customers at MKE will have to
53 DeltaDAWG : Cry me a river!
54 ERAUgrad02 : Man Airtran must reall want some more b717's. Maybe airtran would adopt the 2x2 seating on some planes for use on premium routes.
55 B737700doctor : Not going to happen
56 MUWarriors : I would like to see YX remain independant, but don't think am grasping for anything as you say. I honestly want to know how FL is going to overcome t
57 Post contains images BH : Bottom line is when people need to geat somewhere they usually pick the best price and times. I'd rather fly on a J31/32 for $150 with no cookies, th
58 B737700doctor : Who really cares about MKE anyway It's just a hub how much originating traffic is there to be gained any how? We want the planes and the route struct
59 N911ME : Nah.....they wouldn't. 2X2 seating is not a part of the business plan for any domestic LCC - that'd be like selling your Dodge Viper for the price of
60 AirTran737 : That is a statement that I am going to throw right back in your face if it happens. Every man has his price at which he will sell out. Shareholders c
61 MSYtristar : That's because no one on here is, likely, part of FL's management group. I don't think it's wise to assume what they will/will not do. We can all spe
62 N911ME : 1. Haha. 2. Not every man sell's out.....that's why there's a word for 'pride'. 3. Shareholders are great, but as long as your company has the potent
63 B737700doctor : Airtran will prevail!
64 AirTran737 : Airlines who had pride 1. North Central 2. Republic 3. TWA 4. Piedmont 5. Western and the list continues. Money trumps pride.
65 Rumorboy : No offense but how much money has Midwest made over the last six years. Although Airtran has had some quartely losses it has made money on an annual
66 Knope2001 : How thoughtful of you to so eloquently sum up what many of us object to so strongly. Midwest lives and dies by focusing on Milwaukee. Not so with Air
67 Post contains images N243NW : As much as I will absolutely hate to see this happen, I'm feeling more and more of a sense of inevitability. YX has always been something special to m
68 ERJ170 : So is this what would happen if FL takes over YX? Midwest dies and AirTran lives... MD80 gets replaced with 737-700... 717 kept... Skyway becomes regi
69 Rumorboy : Knope2001 I have great respect for you. I think the research you do is great. Their is alot data that you provide that has great insight but Joe Leona
70 IAD51FL : Ya and if Bush wins your moving to Canada...... I like how people make idle threats as above, and when all the dust is settled they go on with their
71 B737700doctor : On 717 yes but not the 737 no spot in gally for ovens. We will not put ovens on our 737's
72 ERJ170 : One good thing that would happen if AirTran and Midwest merge is that AirTran will once again get a regional partern and perhaps at that point can ope
73 Travatl : Actually, I heard that the lead F/As will have to start carrying a Holly Hobby EZ Bake oven with them to bake the famouos cookies.
74 ERJ170 : perhaps the 737 can offer ice cream sandwiches or sundaes? a sort of step up from the cookies.. Mmmm.. ice cream.. sliding down my throat.. nice and
75 Travatl : Unfortunately - no refrigeraton units on board either. They'd have to float in the beer kits along the Bud Lights.....
76 Mainland : The only way to overcome, lest forking over a ton more money to pay off the pill, is to get in the good graces of Midwest's board. Only Midwest can i
77 Knope2001 : Thanks rumorboy. Everybody is entitled to their opinion, and hopefully I’m not digging *too* deeply into some of the muck that shows up on message
78 OttoPylit : Unlike FL, Midwest has more self esteem that to smear other airline's names around. And you won't have to worry about YX smearing FL's image, FL does
79 Ilovenz : So this is goodbye to tons of jobs in MKE and indeed WI in general, as well as goodbye to the seniority of YX personnel? Is AirTran gonna do to YX peo
80 MSYtristar : How so? I'm curious. That's your opinion...not fact. Tell that to the Elite's who are chomping at the bit to get an upgrade. Bigger seat, free adult
81 TVNWZ : Or if US buys DL....
82 Rumorboy : I agree knope2001 100% when you should never take things on face value BUT both sides are starting to sound funny. Both airlines have track records to
83 Knope2001 : They claim employment in Milwaukee will go up. However: --Most HQ jobs and airport operations jobs will go. AirTran is a significantly bigger airline
84 JayDub : I'm not a huge FL fan. I would hate to see FL takeover YX and all of the great service YX offers just go away. However, after alot of thought about it
85 N911ME : It may in some instances - I will give you that - but not in this case. It will not matter before long, though, as YX will prevail.
86 TVNWZ : Until FL can convince Heartland Partners they will not win. When/if they do, YX will be sold. Everything else is Blah, Blah, Blah. And--from my info--
87 Rumorboy : Pilots from Airtran union and Midwest union have been meeting the last couple of days discussing that very same thing amongst other things. Same goes
88 Mikey711MN : It may in some instances - I will give you that - but not in this case. It will not matter before long, though, as YX will prevail. There is nothing
89 N917ME : LOL!!! Joe did a bang up job with Eastern Airlines!!!!! AirTran 737, your 200 shares is going to get you how much of a vote???? LOL!! vote for the me
90 Sideflare75 : Ok I can see the pilots union talking and also the F/A's but where do you get that the MX,dispatchers and store clerks have been talking to anyone? O
91 Rumorboy : name bashing doesn't change a thing. It only shows your immaturity. I'm not a big fan of Joe either but I don't call him names. He has taken a company
92 N917ME : And he has helped take a company into extinction-Eastern! He has lied in the past, and will continue to lie.
93 TVNWZ : Nobody is going to sue anybody. Not big enough deal and not enough DIFFERENCE in value to make it worth anyones time to do this. Pride has nothing to
94 Travatl : N917ME - As an AirTran employee, I agree. The end result for AirTran is basically 25 717s, and an "iffy" hub. Not to mention the potential PR fallout
95 Srbmod : I've been having to do way too much cleaning in this thread. If some of you don't quit trying to hijack the thread with "Forklift Joe" and similar com
96 AirTran737 : Well said. I think that there is way too much emotion involved in this merger. It is business. As much as we all love how are airlines are, things ch
97 Mke717spotter : If YX were to reject this offer, could you see FL bringing it up a second time?
98 Sideflare75 : As an employee of Midwest it is extremely difficult to think about this issue without some emotion but I have been trying to see what the good side mi
99 MCOflyer : I agree with those who see this as a done merger. I think the MD80's will go away and the former Bangkok 717's will replace them. It will YX a complic
100 N917ME : SideFlare-- I agree with you. If Joe can promise me a job, doing what I do now, earning what I do now, I ... well don't know if I would accept it. - I
101 MSYtristar : You have to realize that this is a business decision. Pure and simply. Obviouly there will be employees who are affected by this in some way. Hell, I
102 N917ME : I do understand this is a business decision... It just bugs the hell out of me to hear FL guarantee YX employees (with few exceptions) will all have j
103 Sideflare75 : Not according to AirTran Mgmt. I listened to them twice today say the same thing. We have "GUARANTEED" all the employee's jobs. So all I want to know
104 Sideflare75 : Thanks Doc. You guys are union right? Which one?
105 B737700doctor : teamsters
106 Sideflare75 : Man you go away for awhile and a fight breaks out. Can't we all just get along? I was reading some of the stuff on FL's website and I did find it in w
107 N917ME : I would like details. I am surprised FL has not sent YX employees any type of communication detailing how and what they will do to protect jobs. To m
108 Ilovenz : Let me just be honest, and I realize there is a level of immature bravado in this statement, but I frankly don't want a Florida-based airline running
109 Mkirch72 : Your hopes will be dashed. Corporate America and Airtran is interested in one thing only -- $$$$$. The very first thing that will happen if this goes
110 Post contains links Mke717spotter : As for the shareholders, www.jsonline.com has a page where those who own YX stock can comment about the merger. After reading the comments I'd have to
111 Post contains images MSYtristar : Hey brother, I hear what you're saying, but you know as well as I do that it's a dog eat dog world out there in the airline business. If that's what
112 MSYtristar : And you've experienced this personally have you? Examples please. Or have you been drinking Otto's KoolAid again?
113 Post contains images DeltaDAWG : From FL's website: Elite Membership With credits earned from flying AirTran Airways, you can get Elite level benefits not available to all A+ Rewards
114 DC9Fixer : Hello, How many midwest mechs are on here?? What do you guys make now?? I have been with Airtran over 10 yrs. It really isn't a bad place to work. We
115 Mikey711MN : Good point. I can speak from personal experience on this one being intrigued by the X-fares program and eventually using AirTran fairly often (at lea
116 SkyexRamper : To: All Midwest and Skyway Airlines Employees Date: January 11, 2007 From: Timothy E. Hoeksema Subject: Questions/Answers Regarding the AirTran Offer
117 Knope2001 : That's actually something a little frustrating to me. The company cannot respond in the public arena as clearly and aggressively as might be good. In
118 Knope2001 : Yesterday's call with Joe didn't feature much in the way of interesting or challenging questions. If I had an open mic to ask questions, here are thin
119 AirTran737 : They cant legally say anything until the recommendation comes in from the board within the next nine days.
120 SkyexRamper : Come on magic number 400! .... $400,000,000
121 Mkirch72 : Could have fooled me! Unfriendly gate agents in ATL. Cramped seating. Dirty planes (IND-RSW). FA's who don't know how to smile. Long lines at checkin
122 MSYtristar : Shall we dive into this? Ok, here we go... 1) There are unfriendly gate agents at any airline...it's not exclusive to FL. 2) The cramped seating is 3
123 MidEx216 : With all due respect, it seems you're making excuses here. I agree, it's one of those things that just happens sometimes, but that doesn't make it ok
124 MSYtristar : Those aren't excuses, it's just reality.
125 MCOflyer : Well I know FL will get YX no matter what. MCOflyer
126 MidEx216 : That's exactly why I came, plus the fact that they're a hometown favorite, and I've loved watching 'the blue jets' since I was a little kid. We don't
127 Piercey : Don't do it YX. I loved you guys CLE-MKE-MCI last July. I want more cookies and independent Midwest Airlines.
128 Sideflare75 : Now that is one bold statement. Hey DC9, I may be the only one. We do not have a union at Midwest. Appreciate your post. Much better than the my comp
129 MidEx216 : That's what we love to hear.[Edited 2007-01-13 21:28:27]
130 Mikey711MN : No, because it's started a cyclic virtual shouting match behind what is otherwise a very emotional topic that has resulted in dozens of deletions (an
131 MidEx216 : Understood and checked. To be honest, I usually get annoyed with that type of thing...didn't even realize I was doing just the same.
132 Mikey711MN : Not a problem, man. Welcome to a.net! Enjoy the conversations...and check out some of the other YX/FL threads as they are a treasure trove of info. -M
133 SkyexRamper : If people can't share each others opinions about the the topic and debate the points at hand, then where can we do this? Some people's banter is saw
134 IAD51FL : Ummmmm Have you ever flown CO out of EWR?? All hub cities are that way.... out of all the CO hubs, CLE agents are the nicest.... at least thats my op
135 MidEx216 : That's quite a vast assumption. I happen to work in a hub city and I don't see that. In fact, I don't generally see that from ANY worker at ANY airli
136 Post contains images HeavyMx1 : You could say the same about EVERY airline. People are going to have bad experiences....even on YX,etc. The problem is that people let 1 or a few bad
137 SkyexRamper : Don't see what?? Careless people??? Open your eyes.
138 N917ME : We shall see soon enough. I know he was out in NYC on Thursday and in Baltimore Friday. He was with Dennis Orieily and Curt Saywer. For the sake of t
139 MidEx216 : My eyes remain open enough to catch a smile and sometimes a wave from them as I walk by.
140 Post contains links and images HeavyMx1 : Found this on the Tube and couldnt keep myself from laughing http://youtube.com/watch?v=biO8MgsteiI p.s. how do I directly post a video in a reply.
141 Post contains links Mainland : While we're waiting on Midwest, here's the latest out of AirTran: http://biz.yahoo.com/prnews/070118/nyth144.html?.v=72 Basically a restatement of eve
142 Post contains links Mikey711MN : Interesting news developing about the poison pill...see the Milwaukee Journal-Sentinel article.
143 Quickmover : I thought we would have heard something from Midwest first. Perhaps they are now in direct negotiations. The deal must not be in the bag yet though, o
144 HeavyMx1 : I believe YX is still restricted from making a public comment until they make a recommendation to their shareholders.
145 HeavyMx1 : The article sugguest that the shareholder is claiming "fraud" because YX said the posion pill renewal was not in response to a buyout, yet the shareh
146 Sideflare75 : No I think you got it right. Sounds to me like some lawyer talked her into it to try and make some money. That lawsuit is a joke.
147 Mke717spotter : Well they said they would review the offer this week and make a reccomendation soon after.So far nothing so should we expect something tomorrow?
148 Mainland : Not necessarily, I'd expect Midwest to take nearly all of the 10 business days they have.
149 Quickmover : I think it will all come down to how long it takes Midwest senior management to negotiate some type of parachute package with FL.
150 Sideflare75 : They have 10 business days to answer which makes it next week. I expect them to take as much time as possible also. I don't think they are packing the
151 AirTran737 : Midwest has until the 22nd to respond.
152 Sideflare75 : Are you sure? If the offer came out on Thursday the 11th then 10 "business" days is the 25th. Not counting MLK day.
153 N917ME : I believe the 25th is the deadline. MLK day is not a business day. I know some board members flew in to MKE today and out this evening.
154 Floridaflyboy : Not going to happen. I honestly believe that if the FL/YX merger goes through, we can kiss the 2-2 seating good-bye forever. I'm not sure I follow. I
155 N917ME : Ok, some things to consider.. Approximately 58 percent of Midwest's revenue is concentrated in their top 20 markets, and nearly 25 percent comes from
156 N917ME : FL has already stated that the 2x2 seating on 717's will be gone. Good point. Question, FL has stated that cookies will be baked on all their flights
157 Sideflare75 : That is a good question. Poster on the MEH YAHOO stock board has stated that they have started putting ovens in their A/C therefore it is a done deal
158 N917ME : Seems like some FL shareholders are questioning this proposed deal. From AOL money: 1.) YOU SEEM TO HAVE FORGOTTEN THAT OIL REACHED $78.00 A BARREL AN
159 ERJ170 : Anytime CLT is on a list for a certain size popn wise, you can include RDU and GSO because all 3 are near similar in size.. so does MKE have more, eq
160 Mainland : If I were a betting man, I'd bet Midwest releases their 4Q/year end earnings at the same time they release their reply to AirTran. They announced thei
161 Post contains links Mainland : Latest PR: AirTran Sends Letter to Midwest Shareholders: http://biz.yahoo.com/prnews/070119/nyf066.html?.v=74
162 N917ME : I would say you are correct. I believe that we will show a 4Q profit and a full year profit. (anaylsts agree). I also think MEH will elabotrate on th
163 Floridaflyboy : Thanks. I thought that was what I had heard, but wasn't sure. Agreed. I think the cookies thing is just a ploy to get the Midwest loyals on board thi
164 Post contains links TVNWZ : AirTran Airways has added a news release to its Investor Relations website. Title: AirTran Sends Letter to Midwest Shareholders Date: 1/19/2007 10:52:
165 DAYflyer : Think again.....
166 Sideflare75 : Why does this increase in the offer warrant acceptance? I know they have a duty to look at it and not just say no but why do you think they are oblig
167 DCA-ROCguy : Dear Gang, After reading a lot of the posts in various threads, it seems to me that AirTran should not buy Midwest. Midwest's board should hang on tig
168 Floridaflyboy : DCA-ROCguy, I agree with most of your points there. Midwest essentially has far more to gain in the long-run as an independent company than they do ri
169 Mikey711MN : Jim, I always regard your posts highly, but I have to respectfully disagree with a few points. To me, this seems to be a logical fallacy. That is, jus
170 Sideflare75 : Yes this may be what YX brings to the table but FL has said that fares are too high and they will be alot lower if and when they take over in MKE. So
171 DCA-ROCguy : To me, this seems to be a logical fallacy. That is, just because MKE is the key component of Midwest's future does not mean that MKE will be the lynch
172 Mikey711MN : No problem. Having re-read it, I wasn't very clear. In brief, I do not believe that MKE is as important to the merged airline as it is to YX as a sta
173 Post contains images Travatl : Excellent post Mike. As an AirTran employee of more than 11 years, I believe this merger can be a great thing IF our senior mgrs are serious about int
174 Tedex : What about United? - Mainline United - Between two and three cabins of service, with economy divided between standard economy and Economy Plus. - Ted
175 Post contains links Mainland : Midwest will release its earnings on the 25th: http://biz.yahoo.com/prnews/070122/cgm033.html?.v=77 If you count MLK Jr. day as a business day, the 25
176 N917ME : Gordon was and still is a strong believer in the 50 seat RJ. CO has over 232 in their fleet ( count is according to the Jan issue of CO magazine). Wh
177 Post contains images Mke717spotter : I certainly hope so, it would suck to finally see YX coming around and then get bought out.
178 N917ME : To: All Midwest and Skyway Airlines Employees Date: January 25, 2007 From: Timothy E. Hoeksema Subject: Board Rejects AirTran's Unsolicited Exchange O
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