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Tuesday, June 5, 2007

Midwest Initiatives Expected to Gain $260 Million

As shareholders consider the hostile takeover by AirTran, Midwest Airlines said its expects the developments wrought by the rollout of its strategic plan, will yield up to $260 million in additional revenue by 2009. Half of the increased revenues will come from its SkyWest partnership at between $120 million to $150 million. Other initiatives include upgrading cabin interiors, its new code-sharing relationships with Northwest and aircraft additions.