AirTran Holdings, which has launched a tender offer to acquire control of Midwest Air Group, said yesterday that the latter's plan for growth is "not well suited for low-cost competition" and relies too heavily on the use of older aircraft such as 50-seat CRJs and MD-80s. Last week Midwest unveiled its plan to boost revenue and increase capacity in an effort to bolster shareholder value and fend off AirTran's takeover effort. AirTran responded by launching an exchange offer valuing Midwest ...

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