Initial round of funding raised to revive Midwest Express
MILWAUKEE (AP) — Investors have committed to an initial round of funding to bring back Midwest Express Airlines.
A report filed with the U.S. Securities and Exchange Commission shows $750,000 has been raised so far to revive the airline once known for its extra wide seats and warm chocolate chip cookies.
Former Midwest executive Greg Aretakis is president of the new company working to bring back the airline that was purchased by Republic Airways in 2009 and then merged into Frontier Airlines.
The State Journal reports Midwest Express backers hope to have planes in the air by 2020. The airline was launched in 1984 after Kimberly Clark, formerly headquartered in Neenah, expanded its private corporate air service to the public.
Information from: Wisconsin State Journal, http://www.madison.com/wsj
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