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Midwest Air Group, Inc. (formerly listed AMEX:MEH) is an American airline holding company based in Oak Creek, Wisconsin which owned Midwest Airlines which previously operated as Midwest Express Airlines. [1] It was ultimately controlled by parent company, TPG Capital Texas Pacific Group.
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.
This is a list of airline holding companies, that either own more than one airline or are the parent company of a single airline. A company or firm in which the holding company owns a significant portion of voting shares , usually 20–50% or a "minority of share ownership", is known as an associate company .
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Twelve aircraft would be placed in service with Midwest. On June 23, 2009, Republic announced it would acquire Midwest Airlines for $31 million. [7] In January 2013, Republic Airways Holdings reached a capacity purchase agreement with American Airlines to operate Embraer 175 airplanes under the American Eagle brand beginning in mid-2013. [8]
On January 11, 2007, AirTran Holdings increased its bid for Midwest to $345 million in cash and stock, an 18% increase from their previous offer. [10] [13] On April 2, 2007, AirTran again raised its bid for Midwest to $389 million in cash and stock ($9 in cash and .5842 shares of AirTran stock totaling $15 a share). [11]