Entries tagged "Midwest Airlines"
Private equity-backed Midwest Air Group Inc. said Monday it would cut 1,200 jobs, about 40% of its total, as it scrambles to bring down costs and avoid a bankruptcy filing....
Time appears to be running short on Midwest Air Group Inc. as the private equity-backed airline scrambles to secure concessions that will allow it to avoid a Chapter 11 filing....
A week after sending a memo to employees warning them to expect drastic cuts, the CEO of TPG Capital-backed Midwest Air Group Inc. on Wednesday detailed what is needed from various worker groups if the Oak Creek, Wis.-based airline is to remain flying....
Private equity-owned Midwest Air Group Inc. told employees Friday it intends to cut 12 of its 37 planes and reduce service as it struggles to cope with soaring fuel prices....
Though cuts by the nation's largest airlines have grabbed the most attention, two smaller, privately held carriers are also planning cuts in hopes of surviving sky-high oil prices....
