flycrj200

Republic Airways to Acquire Midwest Airlines - Yahoo! Finance

flycrj200

I do not like the direction of this industry. What’s next?

xtreme

Republic goes bankrupt... lets hope.

Captain Bligh

So let's see... The cheaper labor sub contractor buys the parent company? How many ALPA dollars will now be spent trying to organize the Republic pilots? We can only hope that the MEH pilots can sue for seniority integration based on date of hire.

This scope disaster is the way our industry is going.

B00sted

Odds are in favor of that happening if they keep acting like a Bank and tossing money away.

Rightseat Ballast

Why would Midwest pilots need to sue for DOH? Midwest pilots could just come to the negotiating table with RAH teamsters and try to work out an equitable integration that allows Midwest pilots to maintain positions on Midwest paint equipment. Why do you think a lawsuit is the first step of this process?

Captain Bligh

You're right. But I bet it ends up in court.

SamFoxpilot

Didn't RAH just buy Frontier?? Looks like merger time for those two to me.

Captain Bligh

To: All Midwest and Skyway Employees
Date: June 23, 2009
From: T.E. Hoeksema
Subject: Acquisition by Republic Airways

Republic Airways Holdings announced today it will acquire Midwest Airlines
from TPG Capital. Midwest Air Group will become a wholly owned subsidiary
of Republic Airways Holdings, and Midwest Airlines will continue to operate
as a branded carrier with its current route network.

This acquisition solidifies a more certain future for Midwest Airlines.
This year marks our 25th year of service, and this announcement enables
Midwest to write the next chapter in our history -- building on our unique
heritage of service and community commitment. Republic is a quality
organization and a strategic airline partner that appreciates the bond
Midwest has with its customers and communities. Republic can bring
operational and cost efficiencies to Midwest that we as a stand-alone
carrier could not leverage.

Under the new ownership, discussions regarding the renegotiation of
collective bargaining agreements will continue with labor organizations
representing Midwest pilots, currently in mediation, and Midwest flight
attendants.

While many things such as our status as a branded airline and our network
will remain the same, there are things that will be changing as part of
this transaction. Due to the overlapping responsibilities of the senior
leadership teams of Midwest and Republic, several senior-level executives,
including me, will be leaving the organization.

Following this memo, you will receive a memo from Bryan Bedford, chairman,
president and chief executive officer of Republic Airways. Bryan will
participate in an employee meeting we are holding in Milwaukee today and
will be a visible presence going forward as he continues to meet employees
and get better acquainted with our airline.

Thank you.

320ToBearz

Well there is one prayer answered..............