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Choke on it, AirTran!

Discussion in 'Anything goes' started by Gutter, Dec 13, 2006.

  1. trifectarich

    trifectarich Well-Known Member

    Re: Stay away, AirTran

    All this merger talk . . . good for the industry, bad for passengers.

    UncleHappyPants: Thanks for the heads-up on atc.net. It's great!
     
  2. Lugnuts

    Lugnuts Well-Known Member

    Re: Stay away, AirTran


    I don't live in the midwest and don't travel there much, but I took a Midwest flight a few years ago -- it was the best coach flight I've ever taken.

    AirTran SUCKS. I'd rather take Greyhound than AirTran. Seriously.
     
  3. Norman Stansfield

    Norman Stansfield Active Member

    Re: Stay away, AirTran

    Midwest is the best, bar none. And I have no stake in the company, other than flying it whenever I can (I live in a hub city).

    And didn't AirTran used to be ValuJet? I watched a TV show on that Everglades crash, and it didn't paint the company in the best light. Not to mention the shitty legroom.
     
  4. Re: Stay away, AirTran

    You're welcome! Glad you like it. You might also like www.flightaware.com
     
  5. OTD

    OTD Well-Known Member

    Re: Stay away, AirTran

    Living in the south and the west, the last time I flew US Airways was when it was still Allegheny, so I'll defer to your judgment on that.
     
  6. Re: Stay away, AirTran

    Here's a few highlights from Midwest's press release. The full version is available at http://tinyurl.com/yzvbde

    Midwest Air Group Expands on Decision to Decline AirTran's Offer
    MILWAUKEE, Dec 13, 2006 /PRNewswire-FirstCall via COMTEX News Network/ -- Midwest Air Group, Inc. (Amex: MEH) - parent company of Midwest Airlines - today expanded on its decision to decline a proposed merger agreement with AirTran Holdings.

    According to Timothy E. Hoeksema, chairman and chief executive officer, the Midwest Air Group board of directors spent considerable time and effort evaluating AirTran's offer of $11.25 per share in cash and AirTran stock. As part of Midwest's evaluation, the board engaged investment banking firms and an outside consulting firm.

    "During their comprehensive review, those advisors considered the offer in light of Midwest's business and strategic plans," explained Hoeksema. "Under our strategic plan, we are projecting annual capacity growth of more than 10% over the next three years including a 50-seat regional jet program, along with significantly greater growth in profitability. Additionally, we view AirTran's offer at only about $5 per share, because it includes approximately $6 per share in cash that already belongs to our shareholders."

    "... The board unanimously concluded that Midwest's business plan as a stand-alone company would support a considerably better return to our shareholders than AirTran's offer," Hoeksema said. "We are successful because we provide customers with an exceptional travel experience. Our product and service are unique, and are not readily compatible with a merger with another carrier."

    Hoeksema added that employees of Midwest have been overwhelmed by the groundswell of public support of the board's decision since the news became public today. "We are very fortunate to have customers and shareholders who enthusiastically support our decisions and appreciate our efforts to provide 'The best care in the air.' We are very proud to be Milwaukee's hometown airline."
     
  7. Gutter

    Gutter Well-Known Member

    Re: Stay away, AirTran

    AirTran ups its offer by 18%.

    http://www.jsonline.com/story/index.aspx?id=551848

    Stay the fuck away, dammit.
     
  8. Football_Bat

    Football_Bat Well-Known Member

    Re: Stay away, AirTran

    But ... but ... they have XM!
     
  9. Gutter

    Gutter Well-Known Member

    Re: Stay away, AirTran

    Cookies & wide leather seats > XM & sardine seats
     
  10. Norman Stansfield

    Norman Stansfield Active Member

    Re: Stay away, AirTran

    Air Tran's former name? ValuJet.

    Enough said.
     
  11. Gutter

    Gutter Well-Known Member

    Re: Stay away, AirTran

    Bing!
     
  12. leo1

    leo1 Active Member

    Re: Stay away, AirTran

    without fail, when you're in an airport and you walk past an air tran gate as the plane is about to load it's sheer chaos.
     
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