Originally Posted by yeagermeister

Why would they merge a non-union pilot group with a unionized one? Another question: Why would TPG purchase a second charter company?

XOJet has a: quality fleet, better image and branding, better reputation and a non-union pilot group (not judging union vs. non-union here - just stating facts from a hedge fund manager's perspective)

TMC has: A unionized pilot group, some (14?) new from the factory Beechjets, a few Hawker 850's, a ton of clapped out Honeywell 800XP's, a very good charter client book and probably the most ghetto, unprofessional looking headquarters in the business. To be fair, the strategic location in the Elkhart/Goshen metroplex is a definite plus in such a competitive, image conscious business.

What is XOJet missing? A selection of mid and small cabin jets where they don't need to pony up to marketing "partners."

Things that make you say, "Hmmmm." Curious where all of this stands in 12 months. How did TPG ownership work out for Midwest Airlines?