AirTran wants Midwest to enter merger discussions

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AirTran Holdings Inc (NYSE: AAI) has urged Midwest Air Group Inc (Amex: MEH) to enter into merger discussions.

AirTran Holdings said that it was responding to a statement from Midwest, alerting investors that the company would miss its targeted financial results for the second consecutive quarter and for the full year.

According to AirTran, this calls into question the company's current financial performance and also undermines the future projections on which its stand-alone plan is based.

Joe Leonard, AirTran's chairman and CEO, said: "As we have stated many times over the last several months, AirTran believes that Midwest's stand-alone plan is flawed".

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