948845--2/28/2006--MIDWEST_AIR_GROUP_INC

related topics
{condition, economic, financial}
{operation, natural, condition}
{cost, regulation, environmental}
{competitive, industry, competition}
{customer, product, revenue}
{personnel, key, retain}
{debt, indebtedness, cash}
{control, financial, internal}
{loss, insurance, financial}
Annual Report on Form 10-K. Business may be harmed if the Company cannot benefit from premium pricing. Customer loyalty may be affected due to diminishing product differentiation. Future terrorist attacks could seriously affect the industry. Increased competition could harm business. There are risks associated with Midwest Airlines fleet of Boeing 717 aircraft. Increases in fuel costs, or the failure of fuel costs to decrease, could harm business. Changes in regulations imposing additional requirements and restrictions on operations could increase operating costs and result in service delays and disruptions. The Company may be unable to compete effectively against airlines with greater financial resources or lower operating costs. The airline industry tends to experience adverse financial results during general economic downturns. Continuing financial uncertainty in the airline industry may make it increasingly difficult to attract and retain personnel. The Company s business is heavily dependent on the Milwaukee market, and a reduction in demand for air travel in this market could harm business. The Company s indebtedness could adversely affect its financial health.

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