A Look At Jetblue Airlines
It seems today that nearly every company that builds something, has over 100 employees, or operates a call center as part of their operations, is searching overseas for a cheaper alternative than American workers Meet one of the few companies that do not, JetBlue Airlines
Collect And Use Those Airline Credit Card Rewards
In today's credit card world, there are two types of airline credit card offers. There are the airline credit cards which are specific to a particular airline. Then there's the reward card that allows you to accumulate bonus points you can use towards airline miles. This article is more specific to the airline credit card.
What You Really Need To Know About Airline Travel Deals!
If you are a bit free brave and adventurous, the chances are that you will be able to travel to many exciting destinations that you would not otherwise be able to afford. You can get airline travel deals to all kinds of foreign destinations all over the world, provided that you are a little bit flexible.
Reputation Institute Releases In-Depth Findings on the State of Corporate Reputations in the Airline Industry
Southwest Airlines Secures Top Spot as Most Reputable U.S. Airline --
It's not all about service
How To Get Cheap Airline Tickets To Hawaii
Do you wish to go to Oahu or surfing in Maui? Do you dream about seeing the colors of Honolulu and smelling the fragrant scents of the frangipani?
Oasis Hong Kong Airlines Announces New Vancouver - Hong Kong Service - Massive Consumer Promotions Kick off Oasis Flights
Celebrating the launch, Oasis gave away 1,000 free one-way economy class trips to Hong Kong and is also offering a "Buy One Get One Free" promotion for business class passengers who travel between June 28 and October 27, 2007.
Almost Free Airline Tickets - a new way to save!
An all new way to make way to any of your favorite destinations throughout the world is here- book inexpensive air tickets with any of the budget airlines and lay hands on cheap international airline tickets with never before prices. Break all bonds of duties and deadlines and make way for a holiday today!
Airline Pilots Teaching Hospitals How to Avoid Costly Mistake of Leaving Objects in Their Patients After Surgery
Foreign objects are left inside thousands of patients each year during surgery; many hospitals are following best practices of aviation safety to correct this problem.
Premium Travelers Name Air Canada Top in Two Categories Global Traveler Readers have Chosen the Airline as the Best in North America
Global Traveler announces Air Canada as an award winner.
fareENOUGH 'Virtual CIO' Program Builds Framework for Skybus Airlines' Hugely Successful Launch
fareENOUGH, LLC, a specialized information technology consultancy serving the airline industry, today announced the successful conclusion of Skybus Airlines' hugely successful launch using fareENOUGH's unique "Virtual CIO" program.
American Airlines Improves Customer and Employee Feedback with Key Survey Enterprise Data Management Solution
American Airlines, the world’s largest airline, renews Key Survey Enterprise Data Management License to improve service quality and company efficiency by gathering better customer and employee feedback.
Turmoil in Airline Industry Brings Opportunity
The unstable airline industry is in turmoil. Mark Hatano, a 12-year veteran of the industry, has found a silver lining in his home based travel business.
A Review Of Airline Tickets & Travel
Airline travel is not as pleasant as it used to be!
Flyte Systems Triples Size in First Year of Operations Providing Airline Information to Aid Busy Travelers
At HITEC '08 Flyte will cement leadership, build partnerships to deliver real-time airline information.
Airlines Overlook an Obvious Cost Cutting Solution: Automating Employee Travel Tickets While Oil Prices Break Through $135/ Barrel Threshold
Airlines overlook an obvious cost cutting opportunity that could save them millions annually: automating employee travel. ID90 Technologies (ID90T) provides innovative online and Interline e-ticketing and NIET solutions for airline employee travel via its advanced web based Interline Fare Calculator ® (IFC). ID90T facilitates immediate cost savings for the airlines and unprecedented conveniences for their employees, in the world of 100% e-ticketing.
Milwaukee, WI (PRWEB) May 16, 2007 -- An independent securities expert announced today the key findings of research into what Midwest Airlines' Board of Directors may be thinking in continually rejecting acquisition advances from AirTran.
W. McGinnis Advisors, LLC, recently completed an extensive analysis of AirTran's hostile offer to acquire Midwest Airlines and found seven reasons Midwest's Board may be rejecting the offer:
1. AirTran may be trying to buy Midwest Airlines at a bargain price.
2. Midwest's shares may rise higher than the offered price on their own.
3. The combination cash / stock offer may pose risks for Midwest Airlines shareholders.
4. It is difficult to accurately assess the value of AirTran's shares.
5. Uncertainty as to whether Midwest Airlines shareholders would want to own AirTran shares.
6. The potential for negative tax consequences.
7. A potential focus on long-term shareholders rather than speculators.
The full text of the report, which details why the AirTran offer may not be in the best interests of Midwest's shareholders, can be found at www.wmcginnisadvisors.com/midwest.htm.
"Shareholders are at a distinct disadvantage in deciding whether to accept a hostile acquisition offer," said William W. McGinnis, CFA, the report's author. "They often lack the training, experience and information necessary to make the best decision for themselves. Therefore, shareholders of a target company are highly dependent on the recommendations of their Board of Directors. We found that, while AirTran's offer may appear attractive on the surface, there are a number of legitimate reasons the Midwest Board could rightly recommend rejection."
W. McGinnis Advisors, LLC undertook the study in order to help shareholders understand some of the issues that are typically evaluated by managements and Boards of Directors of target companies. Hostile acquisitions attempts are, by their very nature, played out in the media and are fraught with conflict and misinformation.
Mr. McGinnis added, "Too often company managements and Boards of Directors feel bullied by the potential buyer, speculators, attorneys and even the media to accept an undesired offer. We hope this is a report is a useful to not only for Midwest's shareholders, but also for the shareholders of other companies confronted with hostile offers."
Midwest Airlines is widely recognized for its motto 'The Best Care in the Air.' However, in recent months, some people have questioned how well it is caring for its shareholders due to several rebuffs of AirTran. "As our report details, it's easy to understand how Midwest's Board could decide shareholders are indeed receiving 'The Best Care' by rejecting the AirTran offer" said Mr. McGinnis. "Clearly, the Board of Directors has an obligation to safeguard the interests of shareholders. However, a board should never feel compelled to accept an offer just because the price seems to be higher than the recent share price. In order to appropriately protect their shareholders, companies must weigh many factors in determining how to respond to an unsolicited acquisition offer. In this manner, they may arrive at a decision that, while not intuitively obvious to outsiders, is indeed in best interest of the shareholders."
Background: AirTran Holdings, Inc. initiated a hostile takeover of Midwest Airline's parent company (Midwest Air Group, Inc.) in December of 2006. The initial hostile offer of cash and stock totaling $11.25 per Midwest share has been raised twice and currently stands at $15.00. The most recent offer is due to expire on May 16, 2007.
Disclosure: Neither W. McGinnis Advisors, LLC nor the preparer of this report, William W. McGinnis, CFA, hold any investments related to either Midwest or AirTran. Likewise, neither has any current or past business relationship with either organization. Nothing in this report should be construed to be an investment recommendation related to or and offer to buy or sell the securities of any company mentioned herein.
About W. McGinnis Advisors, LLC
W. McGinnis Advisors, LLC specializes in providing expert witness testimony and opinions worldwide in investments and securities cases. The firm, headed by William W. McGinnis, CFA, assists plaintiffs or defendants in cases relating to mergers & acquisitions, stock and business valuations, investment suitability and investment research issues.
William McGinnis, a Chartered Financial Analyst, has worked in investment analysis, portfolio management, mergers & acquisitions and the provision of professional opinions on such matters for over 25 years.
More information about W. McGinnis Advisors, LLC and William W. McGinnis, CFA is available at www.wmcginnisadvisors.com. Bill McGinnis is based in Milwaukee, WI.
###