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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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In August 2007, Midwest Air Group, parent company of Midwest Airlines, signed a definitive merger agreement to be acquired by an affiliate of TPG Capital in a transaction valued at approximately $450 million. [30] On April 7, 2008, TPG led a $7 billion investment in Washington Mutual. On September 25, 2008, Washington Mutual was taken over by ...
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]