Originally Posted by captaink

Two questions:

1) Did you (or anyone else) foresee oil hitting $140+ a barrel this year?

2) How do you know the merged FL/YX would not be facing similar situations?

The one thing Midwest has going for it is private ownership. Unlike some of the other airline failures of the past 10 years, Midwest is owned by a private equity firm with very deep pockets and a good track record when it comes to turning airlines around. With oil prices starting to retreat a bit (lets hope they keep dropping... ^), there is a good chance Midwest can get back on their feet and work out a viable business plan.