AirTran Airways

Southwest Airlines (NYSE: LUV) announced today that it has entered into a definitive agreement to acquire all of the outstanding common stock of AirTran Holdings, Inc. (NYSE: AAI), the parent company of AirTran Airways (AirTran), for a combination of cash and Southwest Airlines' common stock. At...

AirTran Holdings, Inc. (AAI) the parent company of AirTran Airways, Inc reports net income of $10.4 million, a $105.0 million improvement over Q3 of 2008. This translates to earnings of $0.08 per share. Revenues fell 11.3% year/year to $597.4 million vs the $600.5 million consensus. AirTran has...