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Midwest agrees to enter talks with AirTran regarding merger

Midwest Air Group yesterday took a further step toward a possible acquisition by AirTran Holdings, which has been pursuing it for more than eight months, announcing it had appointed a committee to "commence discussions with AirTran regarding its proposal to acquire all the outstanding shares of Midwest." The company added that the committee also will "hold discussions with other strategic and financial parties that have recently expressed interest in pursuing a transaction with Midwest." The decision came a few days after the Milwaukee-based carrier reported a 44.6% drop in second-quart

 

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As a subscriber to one of Aviation Week Network’s market briefings, your searches only provide you with access to articles from within that product.

To find out about obtaining additional data – including the most comprehensive details on organizations, fleets, personnel and programs – click here or call +1.561.279.4661.


 

As a subscriber to one of Aviation Week Network’s market briefings, your searches only provide you with access to articles from within that product.

To find out about obtaining additional data – including the most comprehensive details on organizations, fleets, personnel and programs – click here or call +1.561.279.4661.