Message Font: Serif | Sans-Serif
No. of Recommendations: 0
AirTran Airways, a subsidiary of AirTran Holdings, Inc., announced that it will be adding daily nonstop service between Stewart International Airport in Newburgh, N.Y. and Palm Beach International Airport in West Palm Beach, Fla., beginning November 7, 2007. West Palm Beach becomes the third Florida city that Newburgh customers can reach nonstop.

Management of AirTran Holdings Inc. is pushing to establish target dates for reaching a merger agreement with Midwest Air Group Inc. prior to Aug. 10, when AirTran's latest tender offer expires. AirTran made its initial offer of $290 million in October 2006. It has increased the offer twice and extended the bid several times. Its current offer is $15 per share, valued at $389 million.

AirTran Holdings management met with Midwest Air Group's board of directors July 16 in Milwaukee to present its case for a merger between the competing airline operators. All nine members of Midwest's board were present in person for the meeting, held in downtown Milwaukee. The board took no action following the presentation, Skornicka says.

Who hopes AirTran's price will take an up-tick upon realization of this odyssey...
Print the post  


When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.