Airtran — Midwest Air Group — Merger or Acquisition (July 2007)
13 slides from Airtran's merger presentation, Jul 17, 2007
Slide 1: Economic Impact Of AirTran-Midwest Merger
Exhibit 99.3 Economic Impact Of AirTran-Midwest Merger February 2007
Slide 2: Greater Milwaukee Area and Wisconsin Benefit From A Combination Of AirTran & Midwest
The Greater Milwaukee Area and the State of Wisconsin Benefit From A Combination Of AirTran & Midwest • Increased service and lower fares will stimulate passenger growth and facilitate economic development in the region • Total economic benefit of increased travel and related spending in Wisconsin w
Slide 3: AirTran Airways Overview and Update
AirTran Airways Overview and Update Company Overview Milwaukee Commitment • Profitable low-cost, low-fare • Increase service by over 50% to 215 airline serving 55 cities flights per day by Summer 2009 – Additional 50 jet departures • New all Boeing fleet of 128 – More than double seat capacity aircr
Slide 4: Current Route Networks
Current Route Networks Seattle Duluth Rhinelander Toronto Wausau Minneapolis Appleton Green Bay Rochester Boston Grand Rapids Buffalo Hartford Madison Milwaukee Flint Detroit White Plains New York City Moline Chicago Cleveland Des Moines Akron-Canton Canton Akron--Canton Canton Pittsburgh Newark
Slide 5: Milwaukee Hub: 2009
Milwaukee Hub: 2009 Vancouver Seattle Montreal Duluth Rhinelander Portland Toronto Wausau Minneapolis Appleton Green Bay Rochester Boston Grand Rapids Buffalo Hartford Madison Flint Milwaukee Detroit White Plains New York City Moline Chicago Cleveland Salt Lake City Des Moines Akron-Canton Canton Ak
Slide 6: Merged Route Networks: 2009
Merged Route Networks: 2009 Vancouver Seattle Montreal Duluth Rhinelander Portland Toronto Wausau Minneapolis Appleton Green Bay Rochester Boston Grand Rapids Buffalo Hartford Madison Flint Milwaukee Detroit White Plains New York City Moline Chicago Cleveland Salt Lake City Des Moines Akron-Canton C
Slide 7: Demonstrated Impact Of Competition
Demonstrated Impact Of Competition • Atlanta is the busiest airport in the U.S. Airport Rankings world because of vigorous 1. Atlanta competition 2. Chicago – O’Hare • Prior to 1994, Atlanta was th on the 3. Dallas – Ft Worth decline, ranking only 4 in the U.S. 4. Los Angeles 5. Denver • AirTran has
Slide 8: AirTran Airways' Milwaukee Impact
AirTran Airways’ Milwaukee Impact • Projected direct airport related benefits: – Increase annual payroll in excess of $30 million – More than $2 million increase in payroll taxes – Additional $11 million in MKE airport fees and facilities rent – Over $10 million in incremental Passenger Facility Fee
Slide 9: Economic Benefit To Wisconsin
Economic Benefit To Wisconsin • Consumers save more than Consumer Savings $363 million $360 million per year in air travel expense New Visitors 3.7 million • More than 3.7 million more Airport Fees $11 million travelers to the state Concession • Airport and concessions $18 million Revenue revenue in
Slide 10: Consumer Savings
Consumer Savings AirTran Business Combined Network New Market Model Synergies Expansion Total Savings Appleton $3,526,280 $397,569 $177,437 $4,101,286 Green Bay $4,968,886 $741,790 $269,719 $5,980,395 Madison $9,552,766 $1,121,485 $425,888 $11,100,139 Milwaukee $302,489,280 $27,770,395 $8,770,026 $3
Slide 11: Related Economic Benefit
Related Economic Benefit Airport Revenue Concession Revenue Community Benefit Total Benefit Appleton $213,525 $607,537 $15,118,087 $15,767,291 Green Bay $177,938 $962,599 $23,953,508 $24,949,440 Madison $256,230 $1,734,775 $43,168,514 $44,953,289 Milwaukee $9,964,500 $14,098,349 $350,826,284 $368,54
Slide 12: Increased Milwaukee Employment
Increased Milwaukee Employment AirTran Airways projected Job Creation in Milwaukee Area Projected Current Current New Incremental Year New Jobs Average Average Payroll Payroll at by 2009 start pay job pay Start Pay Avg Pay Job category Pilots 264 $ 43,000 $ 90,000 $ 11,352,000 $ 23,760,000 Flight At
Slide 13: A Detailed Commitment To Growth
A Detailed Commitment To Growth Current Midwest Milwaukee Hub Merged AirTran-Midwest Hub: 2009 Current Midwest Milwaukee Hub Merged AirTran-Midwest Hub: 2009 February 2007 July 2009 February 2007 July 2009 Peak Seats/ Total Peak Seats/ Total Peak Seats/ Total Peak Seats/ Total Destination Depts Dept
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