Originally Posted by
propsync
My question was not answered. I also want to know what the general feeling was of the Midwest pilots during the proposed hostile takeover.
Had to do a little searching but here is a post that was made by another member,
3xLoser. Seems to be the most accurate one about this situation.
A little research? There hasn't been any from ANYONE!
Midwest stopped making payments on the airplanes under the "shock and awe" negotiating strategy of the consultants that were hired by the new owners (TPG). Then they went to Boeing and Rolls Royce, and told them what they were willing to pay for the airplanes.
Boeing agreed. What else were they going to do with 25 717s?
Midwest's CEO said, "wait, let's come back tommorrow, and talk about another five grand lower per plane per month."
The next day Boeing said' "just give us back the airplanes."
Oops. Midwest had to find some airplanes QUICK! Frontier just broke Republic's contract, so they had 12 airplanes that could fly in two months. Midwest pulled back to a 21 airplane schedule, so Boeing let them keep 9 on short term leases. Meanwhile, all 25 were on the market, and Boeing found a customer. A dios.
Arrogance was the reason why Midwest was flying 9 airplanes, but some people seem to think that they're saving a dying airline. If that was really the case, why did the park the airplanes with the lowest seat mile costs, 5 of which they owned, and the others were on property for lunch money? Maybe because this deal was 13 months in the making, and MD-80s weren't part of the plan.
Stay tuned kids.
Don't let the truth get in way of good ranting though.