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Old 08-14-2009, 08:42 AM   #31 (permalink)
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Why is this even a topic? RAH will NOT be able to outbid Southwest
Foot, meet mouth.
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Old 08-14-2009, 09:44 AM   #32 (permalink)
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Ok. So you believe that the CEO of a bankrupt company gets to decide who gets to pay the creditors he and his company are trying to escape from? Well, this is my last response to you. What a joke.
The CEO picks the offer that is best for ALL the stake-holders, including the employees, and the communities we serve. Sean Menke cares deeply about the Frontier employees. He doesn't want to see the majority of us out on the street.
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Old 08-14-2009, 09:51 AM   #33 (permalink)
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The CEO picks the offer that is best for ALL the stake-holders, including the employees, and the communities we serve. Sean Menke cares deeply about the Frontier employees. He doesn't want to see the majority of us out on the street.
Thanks Fault,

I thought it was a traditional bankruptcy deal with the Judge making the decisions. For the record, I'm sure the judge would have come to the same decision as CEO. My only point was that the highest offer would not necessarily be considerd to be the best.

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Old 08-14-2009, 10:12 AM   #34 (permalink)
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The CEO picks the offer that is best for ALL the stake-holders, including the employees, and the communities we serve. Sean Menke cares deeply about the Frontier employees. He doesn't want to see the majority of us out on the street.
Do you have any idea who Bryan Bedford is?
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Old 08-14-2009, 10:27 AM   #35 (permalink)
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Do you have any idea who Bryan Bedford is?
Quit acting like you have any clue what Bedford has planned. Truth is none of us do. The deal is over, let it go.
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Old 08-14-2009, 10:46 AM   #36 (permalink)
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the employees that were going to lose their jobs were not the pilots. there are alot more people that make an airline run than pilots and flight attendants. the gate agents/rampers/dispatchers/maintenance and others were all going to be gone if south west's bid was approved. Republic needs all those people in order to make thier new monster code shared airline of midwest and frontier to work. And by the way im guessing that with in 6 months the whole new mess will be a part of the star alliance.
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Old 08-14-2009, 04:42 PM   #37 (permalink)
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The auction itself will not take place in the bankruptcy court; but will be held at the offices of our bankruptcy counsel in New York City. He stressed that the auction will not take place until Aug. 11, after the Aug. 10 deadline for final proposals has passed, and only if there is at least one proposal competing with the original court-approved Republic Airways Holdings, Inc. offer.

Please remember what Sean said in his last Update: that he and the Company’s board of directors, along with our financial and legal advisors, and in consultation with our Unsecured Creditors Committee, will make the final decision on which offer is best for all stakeholders, including our employees and the communities in which we operate.

The bottom line, then, is that the bankruptcy court does not conduct the auction on Aug. 11. Rather, the Company and its advisors will conduct the auction and those who have submitted final proposals will work to prepare what they hope will be deemed by Sean and our board of directors as the best proposal for all stakeholders. After the Company determines the highest and best proposal, it will be presented to the bankruptcy court for approval.

Judge will only step in if a creditor Objects to the plan.
You forgot to mention THE most powerful group in the whole mix! The SECURED Creditors committee :-)
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Old 08-14-2009, 04:45 PM   #38 (permalink)
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Quit acting like you have any clue what Bedford has planned. Truth is none of us do. The deal is over, let it go.
I know who BB is and I am not a fan.. Just 24 hours later and he already has a "plan"


New Midwest Airlines owner to cut 100 local jobs

By Tom Daykin of the Journal Sentinel

Posted: Aug. 14, 2009 2:38 p.m.

Midwest Airlines Inc. will cut about 100 jobs from its Milwaukee-area workforce, a reduction of about 9%, company chief executive officer Bryan Bedford said Friday.

Most of the job cuts from Midwest's Oak Creek headquarters and operations at Milwaukee's Mitchell International Airport are back-office and administrative positions that duplicate jobs at Indianapolis-based Republic Airways Holdings Inc., which completed its $31 million purchase of Midwest on July 31.

"We've got to make the airline highly efficient," Bedford said.

The jobs that remain intact include mechanics at Midwest's maintenance hanger, gate agents and ground crews at Mitchell International, and customer service representatives at the headquarters and reservations center, 6744 S. Howell Ave.

Many of those employees are needed because Republic's main business is operating commuter flights for Delta Air Lines Inc., United Airlines and other major carriers. As a result, Republic doesn't have a customer service department, marketing department and other operations used by the carriers that hire Republic.

The cuts of about 100 positions will leave Midwest with around 1,000 local employees, Bedford said. Midwest has around 1,600 employees, with 1,100 employees locally, he said. Employees who are laid off will receive severance packages, he said.

Around 160 employees are receiving layoff notices, Bedford said.

But some of those employees, including mechanics, are being offered positions with Republic Airlines, one of the airlines owned by the parent corporation, Republic Airways Holdings, he said. He said those employees were notified to make sure the company complies with the law requiring 60-day notices for layoffs.

Still up in the air is the fate of over 250 Midwest pilots and flight attendants who are represented by the Air Line Pilots Association and Association of Flight Attendants.

Those unions are negotiating with the International Brotherhood of Teamsters, which represents union flight crews at Republic, over combining seniority lists of union flights crews from Republic and Midwest.

Meanwhile, Republic plans to add more flights to Midwest's schedule, which should create more jobs, Bedford said. Republic has already restored Midwest flights from Milwaukee to Louisville, Ky., and Los Angeles.

There also will be a change in aircraft, with Midwest dropping its nine 99-seat Boeing 717 jets, to be replaced by nine 99-seat Embraer 190 jets. Under Republic's ownership, Midwest's fleet will include a dozen 76-seat Embraer 170 aircraft, and 12 regional jets with 37 to 50 seats.

Also, Republic on Thursday emerged as the winning bidder in a bankruptcy auction for Denver-based Frontier Airlines. Bedford said some of the 138-seat Airbus A319 jets used by Republic will likely be shifted into service for Midwest flights to West Coast destinations.
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