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Republic buying Midwest Airlines


Last Update: 6/29 10:32 am
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(Michael Carter)
(Michael Carter)

MINNEAPOLIS (AP) -- Milwaukee's hometown airlines is getting a new owner.

Republic Airways Holdings says it will buy struggling Midwest Airlines for $31 million in cash and debt, the second time in two days it has sought to rescue an ailing airline.

That deal comes after Republic said it would bid $108.8 million to take Frontier Airlines out of bankruptcy.

Republic Chairman and CEO Bryan Bedford says he plans to keep the Midwest name, and intends to restore the Midwest to the size it was about a year and a half ago.

He also says he intends to get Midwest flying back to cities it had dropped, citing the recently announced return of flights to Los Angeles and Louisville, Ky., set to begin in August.







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