Wisconsin’s Midwest Express raises $1mn ahead of launch

Midwest Express Airlines (Milwaukee General Mitchell) has raised USD1 million dollars in funding as it attempts to commence operations. In an SEC filing on May 27, the start-up said three investors had “invested in the offering”. The company said it accepts a minimum of USD200,000 in outside investment. Midwest Express aims to launch as a virtual carrier using the brand of Midwest Airlines (YX, Milwaukee General Mitchell), which merged into Frontier Airlines (F9, Denver Int’l) in 2009. Midwest Airlines ceased operations in 2010. In May 2018, Midwest Express raised USD750,000 in a funding round led by two investors, according to an SEC filing, and in July 2019 the airline entered into an agreement with Elite Airways (7Q, Portland Int’l Jetport) ahead of a late 2019 or early 2020 launch, with Elite to provide aircraft, pilots and crew. However, the contract was terminated on December 31, 2019. As Elite only returned a portion of Midwest’s deposit, Elite was then ordered to pay Midwest Express USD150,000, according to Milwaukee County Circuit Court records from March 2020.