AirTran Airways parent AirTran Holdings said an error related to passenger revenue accounting required a restatement of its first-quarter earnings. Net profit for the three months ended March 31 was reduced to $2.2 million from the $2.4 million it reported in April (ATWOnline, April 13), compared to an $8.9 million loss in the year-ago quarter. First-quarter operating income was $12.9 million rather than the originally stated $13.4 million.
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