Air Tran 737-700. Photo: By Rob Finlayson. AirTran Airways parent AirTran Holdings posted 2010 net income of $38.5 million, down 71.4% from a $134.7 million profit in 2009. Though its earnings declined, 2010 marked the carrier's eighth profitable year out of the last nine. It is in the process of being acquired by Southwest Airlines (ATW Daily News, Dec. 1, 2010). Fourth-quarter net income was $1.9 million, an 88.7% fall from a $17.1 million profit in the 2009 December quarter, ...

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