5 result(s) displayed (1 - 5 of 5):

AirTran jumps on liquidity bandwagon (from Corporate Dealmaker)

AirTran Airways Inc. (NYSE:AAI) joined the liquidity stampede on Wednesday, announcing deals with its credit card processor and lenders to provide the discount airline with added flexibility entering the winter travel season.AirTran said it received an extension on its revolving line of credit and its letter of credit through the...

Posted on September 30, 2009 2:22 PM

AirTran increases pressure on one-time target Midwest Air (from Corporate Dealmaker)

Though AirTran long ago abandoned its hostile takeover bid for Midwest Air Group, the discounter offered a fresh reminder Tuesday that the battle for Milwaukee still rages on when it announced a significant increase in service at Midwest's hometown airport.Orlando-based AirTran has had its focus on Milwaukee since December 2005,...

Posted on February 10, 2009 3:20 PM

AirTran's new dealmaker faces big challenges in turbulent times (from Corporate Dealmaker)

AirTran Airways' new executive vice president of corporate development is no stranger to the unstable airline industry. Steven A. Rossum is a 20-year industry veteran, who spent three years as AirTran's treasurer before leaving in 2001 to become CFO of Astar Air Cargo. But Rossum rejoins AirTran amid steep losses...

Posted on September 2, 2008 1:00 PM

From Italy, further proof that airline mergers are tough (from Corporate Dealmaker)

Being an airline passenger is no fun anymore. But at least it's easier than doing the deals that strategists think are needed to put the industry on a sounder financial footing. Our latest case in point comes from Europe where, as this article in The Deal explains, Air France-KLM has...

Posted on January 14, 2008 3:56 PM

Mile-high maneuvers (from Corporate Dealmaker)

Midwest Air Group CEO Timothy E. Hoeksema deflected aggressor AirTran at every turn, instead accepting a bid from buyout firm TPG and Northwest Airlines. In the end, though, his company may still find itself owned by another airline.

Posted on December 15, 2007 12:22 PM