Yup. Good for Republic now, horrible for Midwest pilots.
Keep reading the fine print...
-Midwest already got rid of all their MD-80s.
-Midwest announced they will be getting rid of 16 of their B-717s.
-Midwest's fleet will consist of all of 9 (NINE) mainline jets.
-Republic will now hold all of Midwest's assets as collateral.
-Midwest has the option, and in all likelyhood will...
---"Crew these airplanes and add them to their operating certificate, pending labor contract renegotiation and FAA approval."
---""We recognize the difficulty this presents to our flight crews and maintenance staff, who will experience additional temporary furloughs,"
So again, good for Republic; they have homes for the old Frontier jets, although they won't get to keep staffing them once Midwest takes over, but at a huge loss for Midwest pilots.