Midwest Air Group reported second-quarter earnings of $4.9 million, a 44.6% drop from the $8.8 million profit posted during the same period a year ago. Operating revenue rose 10% to $194.5 million, which the company attributed to a 15.8% increase in passenger traffic. "While the pricing environment was challenging, the demand for travel remained strong in the second quarter," CEO Timothy Hoeksema said. Operating income plunged 65.9% to $2.6 million from $7.5 million in the year-ago quarter ...

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