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The New Midwest Company LLC history
The New Midwest Company LLC company history timeline
The new airline took off in July 1994 utilizing Boeing 737 jetliners.
In 1994 it opened a hub in Omaha.
In an article in Forbes from October 23, 1995, Hoeksema declared: 'When you have an industry with dissatisfied customers, you have a business opportunity.' In other words, as things got worse for the larger carriers, Midwest would still make money.
1995:Kimberly-Clark spins off Midwest to public.
In 1995, Midwest Express Airlines became a publicly traded company.
The booming economy, good weather brought by the warm weather pattern El Nino, and a dip in fuel costs combined to bring the company's stock to an all-time high in February 1998. It was still possible for the carrier to have an unprofitable quarter, such as a bad period in May and June of 1996, when unusual fogginess around Milwaukee caused the airline to cancel a record 750 flights.
In 1996 Midwest Systems purchased Middle States Mobile Fleet Maintenance as a start to their mobile truck and trailer preventive maintenance division.
In 1997 the Teamsters Union and the Air Line Pilots Association (ALPA) vied with each other to represent Midwest's pilots.
Negotiations for the first pilots' contract began in August 1998, and a federal mediator was called in the next March.
With no contract imminent, ALPA took a vote on authorizing a strike in July 1999.
Once MSTE was on solid ground it was sold to Jim Rogers during the year 1999 and remains operational today.
The airline also has a smaller hub in Omaha, Nebraska, and a third hub is in development for the year 2000.
2000:Midwest ratifies first union contract with pilots.
By 2001, the new Frontier Airlines was on Fortune magazine's list of fastest-growing companies.
In April 2005, Frontier Airlines officially became an all-Airbus fleet, retiring its last Boeing 737.
In late 2005, the Board of Directors of Midwest Air Group decided to sell the company, but it took some time for this to become reality.
In 2008, TPG Capital purchased Midwest Airlines and returned it to being a privately held entity, and Frontier Airlines filed for bankruptcy.
In the fall of 2010, Frontier and Midwest officially became one airline when the Midwest’s website, midwestairlines.com, was shut down, and Midwest's YX code was retired.
In the year 2011, Midwest Parts and Equipment Co, dba Midwest Systems was sold to third-generation owners, sons of Justin and Tom.
2011 Purchase of Midwest Systems by sons Steve & Mike
In 2011, World Travel Awards, the travel industry awards program that has been described by the Wall Street Journal as the “Oscars of the Travel Industry”, named Frontier Airlines “North America’s Leading Low-Cost Airline”.
In 2012, Frontier Airlines introduced onboard Wi-Fi on the airline’s Embraer 190 fleet.
In July 2013, Frontier Airlines announced new nonstop seasonal service between Denver and Montego Bay, Jamaica, with weekly nonstop flights beginning on December 22, 2013.
In the year 2013 Midwest Systems Logistics LLC was created and operates today as a brokerage and logistics company.
In the year 2016 Steve and Mike expanded the intermodal trucking aspect of the business when they created MWS Intermodal Services, LLC which operates as an owner operator division, providing drayage of intermodal containers and chassis.
2018 Midwest Systems celebrates it's 75th year
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| Singapore Resources | 1992 | $220.0M | 675 | - |
The New Midwest Company LLC history FAQs
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The New Midwest Company LLC may also be known as or be related to NEW MIDWEST CO LLC THE and The New Midwest Company LLC.