Passengers Enplaned 5593926 5710877 2

Thefleet includes 70 Canadair Regional Jets.TRAFFIC STATISTICS 20082007ChangeRevenue Passenger Miles (000) 146,648 154,467 -5.1Available Seat Miles (000)213,548 237,526-10.1Passenger Load Factor68.765.0 3.70 Pts.Passengers Enplaned 393,341 416,470 -5.6 Year to Date 20082007ChangeRevenue Passenger Miles (000) 2,099,329 2,151,677 -2.4Available Seat Miles (000)2,968,341 3,017,461 -1.6Passenger Load Factor70.771.3-0.60 Pts.Passengers Enplaned 5,593,926 5,710,877 -2.0Air Wisconsin Airlines Corporation, operating as the largest privatelyheld regional airline in the United States, also performs ground-handlingservices for United Express and Northwest Airlines at over 30 locationsthroughout the country.Additional information can be found at http:// Wisconsin Airlines CorporationAnnette Daly of Air Wisconsin Airlines Corporation, 1-920-475-7007,. NEW YORK (Reuters) - Citigroup Inc (C.N) agreed to merge its Smith Barney brokerage with Morgan Stanley's (MS.N) wealth management unit, a big step in the possible dismantling of what was once the world's largest bank. Deals Stocks Mergers & Acquisitions Bonds Funds News ETFs News Crisis in CreditThe joint venture will create the largest U.S. The brokerage force will surpass Bank of America Corp (BAC.N), which bought former No. 1 Merrill Lynch on January 1.Morgan Stanley will pay Citigroup $2.7 billion in cash for an initial 51 percent stake in the venture that could increase to 100 percent after five years, the companies said on Tuesday.Citigroup, meanwhile, is expected to shed "non-core" businesses and may announce plans on January 22, a person familiar with the matter said, the same day it is expected to post a big fourth-quarter loss.The joint venture could be a major step in the dismantling of Sanford "Sandy" Weill's "financial supermarket" vision when his Travelers Group bought Citicorp in 1998 to create New York-based Citigroup.Chief Executive Vikram Pandit is now shedding assets as the bank, the nation's third largest, was humbled by massive credit losses and writedowns tied to the world financial crisis. Citigroup lost $20.3 billion in the year ended September 30, largely from mortgage and other complex debt."Citigroup's model was let's get bigger, and that will make us better," said Robert Millen, who helps invest $2.5 billion at Jensen Investment Management in Portland, Oregon and doesn't own the bank's shares.

"It didn't work that way."The two companies were awarded a combined $55 billion from the Treasury Department's $700 billion taxpayer-funded Troubled Asset Relief Program (TARP).COST SAVINGS EXPECTEDThe venture will include Morgan Stanley's wealth management business, and Citigroup's Smith Barney, Smith Barney Australia and its British unit Quilter. It will not include Citi Private Bank or Nikko Cordial Securities.Morgan Stanley may boost its stake in the venture to 65 percent after three years, 80 percent after four years, and 100 percent after five years.The banks expect $1.1 billion in cost savings, or 15 percent of combined expenses, excluding broker commissions.About $320 million of the savings would come from personnel, $350 million from technology and back-office operations, and $180 million from marketing and other services.In after-hours trading, Citigroup shares fell 8 cents to $5.82, after closing up 30 cents to $5.90 in regular trading. Morgan Stanley shares fell 35 cents after hours to $18.51 after rising 7 cents to $18.86 in regular trading.Morgan Stanley will be able to diversify its revenue stream less than four months after adopting a bank holding company structure to gather low-cost deposits and survive, unlike smaller rivals Bear Stearns and Lehman Brothers Holdings Inc (LEHMQ.PK).Wealth management "will be an increasingly important and profitable part of Morgan Stanley's business in the years ahead," Morgan Stanley Chief Executive John Mack said in a statement.Citigroup expects to recognize a $5.8 billion aftertax gain on the transaction and add $6.5 billion of tangible common equity, strengthening its balance sheet.This would follow the bank's receiving $45 billion from TARP, including $20 billion in an emergency November rescue that shielded Citigroup from some losses on $306 billion of troubled assets."We will generate equity capital that we can deploy to other core businesses," Pandit said in a statement.Morgan Stanley got $10 billion of TARP money. "How often will a big firm produce a product that is in the best interests of clients Clients and brokers will vote with their feet."Fox-Pitt Kelton analyst David Trone said Tuesday the venture may impede JPMorgan Chase & Co (JPM.N) CEO Jamie Dimon's efforts to expand in retail brokerage. The bank was not immediately available for comment.The transaction is expected to close in the third quarter, pending regulatory approvals and other conditions. A board of directors will include representatives from both companies.The law firm Wachtell Lipton Rosen & Katz advised Morgan Stanley, and the law firm David Polk & Wardwell advised Citigroup. The law firm Cravath, Swaine & Moore LLP said it advised Citigroup's independent directors.(Reporting by Joseph A.

Giannone and Dan Wilchins; additional reporting by Paritosh Bansal, Jonathan Spicer and Jonathan Stempel; writing by Jonathan Stempel; editing by Jeffrey Benkoe) Deals Stocks Mergers & Acquisitions Bonds Funds News ETFs News Crisis in Credit. Scholarships will be given to undergraduate and graduate students majoring inadvertising, marketing or public relationsLOS ANGELES, Jan. 13 /PRNewswire/ THE LAGRANT FOUNDATION (TLF) is nowaccepting applications for $100,000 in scholarships for the 2009/2010 academicyear. Ethnic minority undergraduate and graduate students majoring in advertising,marketing or public relations are eligible for the TLF scholarships.In aneffort to increase ethnic minority representation in the communicationsindustry, TLF awards $5,000 scholarships to undergraduate students and $10,000scholarships to graduate students.TLF was established in 1998 by Mr Kim L. Hunter, whose vision is to see moreethnic representation within the fields of advertising, marketing and publicrelations.

By targeting college students, TLF paves the path toward asuccessful career right from the start. "It is important to help ethnic minority students achieve their educationgoals and help guide them toward their future careers," said Founder/Chairmanof TLF, Mr Kim L Hunter. Since its inception in 1998, THE LAGRANT FOUNDATION has awarded a total of$770,000 to 136 students nationwide. In 2009, TLF will celebrate its 11thAnniversary Scholarship Recognition Reception and Awards Program in New YorkCity.The scholarship recipients will participate in a day-long careerdevelopment workshop and have the opportunity to meet with industryprofessionals.