Originally Posted by
DumboDrop
I believe RAH bought the assets post chapter 7. I don't think scope would have help, but I maybe mistaken.
I don’t think so…
“On June 23, 2009, Republic Airways Holdings, Inc announced they would acquire Midwest Airlines for $31 million. The deal closed on July 30.[28] Midwest became a wholly owned subsidiary of Republic Airways and continued to operate under current branding.[29] The Midwest Airlines FAA operating certificate expired on November 3, 2009. The acquisition by Republic occurred just 22 months after TPG and Northwest Airlines paid $450 million for Midwest. The total loss of investment by TPG and Northwest was 93% or $419 million.
On September 3, 2008, Midwest Airlines announced its plan to outsource all of its flight operations to Republic Airways. Republic began operating twelve 76-seat Embraer ERJ-170 jets under the Midwest Connect name while Midwest returned its 25 Boeing 717 planes to Boeing under a lease renegotiation.[30] While this change caused the additional layoffs bringing the total of pink-slipped Midwest pilots to nearly 300[31] and total employee cuts for the year to 1,850,[32] Midwest indicated that it hoped to begin operating these new planes itself with Midwest crews in 8–12 months from that time.[30] Additional aircraft from Republic were added to the operation in the form of larger Embraer ERJ-190s in August 2009.”
From wikipedia
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